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Money & Banking - Short Term Instruments
Call rates move up

Mumbai, Jan. 31

Call rates closed higher at 8-8.25 per cent against the previous close of 6.6-6.8 per cent. In the one-day auction under the Liquidity Adjustment Facility, the RBI received and accepted three reverse repo bids for Rs 20,075 crore. There were no repo bids. The CBLO market saw 472 trades aggregating Rs 27,690.75 crore in the 6.5-8 per cent range.

—Our Bureau

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