Business Daily from THE HINDU group of publications Friday, Jan 18, 2008 ePaper | Mobile/PDA Version |
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Money & Banking
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Short Term Instruments Call rates flat Mumbai, Jan 17 Call rates ended flat at 6-6.05 per cent against the previous close. In the first one-day reverse repo auction under the liquidity adjustment facility, the Reserve Bank of India received and accepted 29 bids for Rs 39,725 crore. There was no repo bid. Market participants said that the RBI’s intervention in the forex market had led to a substantial increase in liquidity. The CBLO market saw 491 trades aggregating Rs 43,145.05. crore in the 4.80-6.00 per cent range. 8211; Our Bureau More Stories on : Short Term Instruments
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