The most recent development in Pakistan's economic landscape is the State Bank of Pakistan's (SBP) significant liquidity injection into the banking system, amounting to Rs12.9 trillion through Open Market Operations (OMO) as reported by Profit by Pakistan Today. This move aims to ease liquidity conditions, with the largest portion, Rs12,406.55 billion, provided through conventional reverse repo operations. The central bank accepted bids at a rate of 10.51%, reflecting a strategic effort to stabilize financial markets and support economic growth. This comes amid a backdrop of easing inflation, which has declined to 5.8% in January, as noted by Governor Jameel Ahmad in a meeting covered by Pakistan TV.
FINANCE
KATI Praises SBP Interest Rate Cut for Karachi Industries

Pakistan's SBP injects Rs12.9T into banks to ease liquidity, cut ERF rate to boost exports, and focuses on agriculture loans, aiming to stabilize markets and support economic growth amid easing inf...
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Business Recorder
Updated 1 day agoPBPT
Profit by Pakistan Today
Updated 1 day agoPA