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Wednesday, Aug 23, 2006


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Money & Banking - Short Term Instruments
Call rates dip marginally

Our Bureau

Mumbai, Aug. 22

Call rates were between 6.00 and 6.10 per cent against the Monday's rates of 6.05-6.15 per cent. In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 16 bids amounting to Rs 19,220 crore and in the second one-day reverse repo auction, 23 bids for Rs 9,475 crore. There were no repo bids. The CBLO market saw 282 trades aggregating to Rs 14,352.15 crore in the 5.95-6.05 per cent range.

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