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SBP injects over Rs 2 trillion in the market

KARACHI, Dec 26 (APP):The State Bank of Pakistan (SBP) injected Rs 2,063.75 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for the 5-day tenor on December 26, 2025, and […]

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Raast playing key role in promotion of financial inclusion, cashless economy

Prime Minister Shehbaz Sharif on Thursday emphasized that Raast- Pakistan’s national payment system- was playing key role in promotion of cashless economy and financial inclusion in the country.The prime minister stressed the need to further expediting efforts aimed at encouraging the country’s businessmen to use Raast platform for their payments.He was talking to the members […]