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SBP injects Rs919 billion through open market operations

The State Bank of Pakistan on Thursday injected Rs919 billion into the banking system through reverse repo purchase and Shariah-compliant Mudarabah-based open market operations to maintain liquidity in the market. According to the central bank, Rs850 billion was injected through a one-day reverse repo purchase operation conducted on May 21, 2026. The SBP received nine bids offering a cumulative Rs961.5 billion at rates ranging between 11.55% and 11.61%. [...]