The State Bank of Pakistan (SBP) on Friday injected over Rs. 13.68 trillion into the money market through conventional and Shariah-compliant open market operations to support liquidity in the banking system.
According to the central bank, the conventional reverse repo operation accounted for Rs. 13.3 trillion, with Rs. 711.45 billion for seven days and Rs. 12.59 trillion for 14 days, at accepted rates of return of 10.53% and 10.51%, respectively.
Meanwhile, the Shariah-compliant Mudarabah-based facility added Rs. 381.29 billion, including Rs. 75 billion for seven days and Rs. 306.29 billion for 14 days.
Combined, the total liquidity support reached Rs. 13.68 trillion, with conventional operations providing the bulk of funds, while the Islamic facility offered additional support to Shariah-compliant banks.
