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Wednesday, Dec 19, 2007
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Money & Banking - Short Term Instruments
Call rates close higher

Mumbai, Dec 18

The inter-bank call rates closed higher at 7.30-7.50 per cent against the previous close of 6.50-6.75 per cent. In the first one-day reverse repo auction, under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted one bid for Rs 5 crore. There was no repo bid. The CBLO market saw 520 trades aggregating Rs 37,580.60 crore in the 6.50-7.75 per cent range.

— Our Bureau

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