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Mumbai, Oct 31 (PTI) Call rates ended higher at 5.30-5.40 per cent at the overnight call money market today on increased demand ahead of the +Diwali+ holiday tomorrow while government bonds turned subdued in tight range-bound trade at the secondary market for securities.
Publication: PTI - The Press Trust of India Ltd. Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Asia Pulse Pty Ltd
Call rates opened at 5.00-5.25 per cent and rose to 5.30-5.40 per cent towards the close on increased demand to cover reserve products ahead of the market holiday tomorrow.
Banks were covering positions for two days, resulting in slight pressure on rates, dealers said.
Reserve Bank of India (RBI)...
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