SBP Injects Over Rs2.64 Trillion Into Money Market
Pakistan's central bank carried out open market operations to maintain liquidity, using reverse repo and Shariah-compliant instruments.
KARACHI — The State Bank of Pakistan (SBP) said on Friday that it injected Rs2,640.45 billion into the money market through Reverse Repo Purchase and Shariah Compliant Mudarabah-based Open Market Operations (OMOs), according to a statement from the central bank.
The SBP said the operation was aimed at maintaining liquidity levels within the banking system.
According to the central bank, the Open Market Operation, Reverse Repo Purchase (Injection), was conducted for tenors of 7 and 14 days on September 18, 2026, as part of its regular liquidity management activities.
The State Bank of Pakistan routinely conducts such operations to manage short-term liquidity in the domestic money market, using instruments including reverse repo purchases and Shariah-compliant Mudarabah-based facilities to support banking sector stability.
Further details on the specific allocation, participating institutions, or rates applied during the operation were not immediately disclosed in the central bank's statement.
Sources
- SBP injects over Rs 2.64 trillion in the market — APP (Pakistan)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Fed Raises Interest Rates for First Time This Year, NPR Explainer Breaks Down the Mechanics
NPR News reports the Federal Reserve increased its benchmark rate this week, and outlines in a new explainer how the move ripples through the economy.
Dozens killed in attack on northwestern Pakistani city
An armed group carried out an assault in a northwestern city, leaving multiple casualties.
First Batch of IOD Diploma Students Departs for China, Minister Honored at Ceremony
Federal Minister for Education Dr Khalid Maqbool Siddiqui was presented with a shield during a send-off event for students traveling to China under an IOD diploma program.
Iran Urges US to Honor June Framework Deal Brokered by Pakistan
An Iranian Interior Ministry spokesman said Tehran wants Washington to return to a framework agreement reached in June with Pakistani mediation, according to Anadolu Agency.
Pakistan's Planning Minister Chairs Multi-Party Talks on Civil Service Reforms
Ahsan Iqbal led a consultative session bringing together representatives from multiple political parties to discuss reforms to the civil service
Society of Family Physicians Holds Annual Conference
Medical professionals and officials gathered at a local hotel for the event, according to a photo published by the Associated Press of Pakistan.
Comments
Loading comments…