Wednesday, November 5, 2008

Call Rate Ended Upbeat At 7.75 Pc - Nov 05, 2008

Call rate ended higher on 4th November, on the Overnight call money market on good demand from borrowing banks. The overnight call money rate finished higher at 7.75 per cent as against 7.25 per cent previously after moving in a range of 7.90 per cent and 7.00 per cent. On the other hand, government bond prices traded mixed due to some bouts of both buying and selling.

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