State Bank Of Pakistan To Organize 7-day OMO – Research Snipers

State Bank Of Pakistan To Organize 7-day OMO

The State Bank Of Pakistan (SBP) has announced that the bank will organize 7-day Open Market Operations (OMO) in order to inject funds into the market. According to the details, the timing of the quote is 11:00 PKT and the result would be announced at 11:30 PKT.

The settlement would be done on the same day September 4, 2020. Previously State Bank conducted OMO on May 4, 2020, which injected Rs.1197.56 billion into the market for 4 days.

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