Pakistan, May 30 -- KARACHI - The State Bank of Pakistan (SBP) injected Rs1.14 trillion into the banking system on Thursday to address short-term liquidity shortages and maintain financial stability. This liquidity boost came through a mix of conventional and Islamic Open Market Operations (OMOs).
According to the SBP, Rs970 billion were provided through conventional reverse repo OMOs, while Rs178 billion were injected via Shariah-compliant, Modarabah-based OMOs. These measures are aimed at easing liquidity constraints in the interbank market and supporting monetary policy transmission.
In the conventional OMO, the central bank accepted Rs250 billion at an 11.10% rate for a 7-day period, and Rs720 billion at 11.08% for a 14-day period. ...
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