Posted on May 9, 2009
KARACHI: State Bank of Pakistan (SBP) bought back Rs43.57 billion ($540.9 million) of Treasury bills on Saturday under seven day reverse-repo contracts at 12.81 percent to inject liquidity into the money market.
Posted on May 8, 2009
KARACHI: Pakistan’s trade deficit is likely to mount in the current fiscal as country’s export target is not going to be met this year. This was highlighted in the Economic Update issued by the State Bank of Pakistan. It said achieving the tax revenue target will be difficult and it appears that the target will [...]
