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Call rates finish higher

The rates finished higher at 7.65% from the previous closing level of 5.50%, moving between 7.80% and 6.50%

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Agency Mumbai
Call rates finished higher at the overnight money market on fresh demand from borrowing banks.

The rates finished higher at 7.65 per cent from the previous closing level of 5.50 per cent, moving between 7.80 per cent and 6.50 per cent.

The Reserve Bank of India under the liquidity adjustment facility purchased securities worth Rs 13,720 crore in four bids at the one-day repo auction at 7.25 per cent and sold securities worth Rs 40 crore in two bids at a fixed rate of 6.25 per cent.
 

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First Published: Jul 08 2013 | 11:01 PM IST

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