Tue, 21-Oct-2025

SBP inserts over Rs1 trillion into open market

SBP

The total injections, which included the usual money supply for the seven-day open market operation (injection) on Wednesday, were Rs2.07 trillion. On May 27, Rs1.82 trillion in long-term injections were made. In May 2022, the inflation rate hit a 28-month high of 13.76 percent. Inflation has already spiked 20% this week compared to the same … Read more

SBP introduces Shariah-compliant liquidity facilities for Islamic banking institutions

SBP

KARACHI: The State Bank of Pakistan (SBP) has introduced a Shariah-compliant standing ceiling facility and open market operations (injections) for the Islamic banking institutions (IBIs), a statement said. As the size of the Islamic banking industry is increasing, the central bank recognises the need to introduce Shariah-compliant liquidity facilities for IBIs. With a view to … Read more