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Sunday, March 7, 2010

SBP provides Rs51.80 bln to banking system


 SBP provides Rs51.80 bln to banking system KARACHI: The State Bank of Pakistan (SBP) performed open market operation Saturday and provided Rs51.80 billion to the banking system at an interest rate of 11.98 per cent for seven days.

The banks offered T-Bills worth of Rs56.80 billion out of which SBP accepted Rs51.80 billion worth of the Bills at 11.98 per cent for seven days.

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