Gold prices surge Rs10,700 to Rs454,262/tola despite global retreat

At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY

The State Bank of Pakistan (SBP) on Friday made sizeable liquidity injections through both conventional and Shariah-compliant open market operations (OMOs), providing more than Rs10.48 trillion in short-term funds to indirectly meet the government's needs.

According to the central bank's Domestic Markets and Monetary Management Department, the SBP accepted a to

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