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Tuesday, Aug 19, 2008
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Money & Banking - Short Term Instruments
Call rate ends higher

Mumbai, Aug. 18

The inter-bank call rate closed at 9.50-9.60 per cent, higher than the previous close of 9.30-9.40 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 25 bids for Rs 34,725 crore. There were no reverse repo bids. In the CBLO market, there were 396 trades amounting to Rs 21,629.95 crore in the rate range of 8.10-9.45 per cent.

— Our Bureau

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