Call rates trade at 6.0-6.10 level
Mumbai, Aug 25 (UNI) Call rates traded between 6.00 and 6.10 per cent amidst strong demand and sufficient liquidity.
Yesterday, the Reserve Bank of India (RBI) transacted Rs 15,706.43 crore at the weighted average of 6.10 per cent in the call money market.
In the first liquidity adjustment, the apex bank transacted Rs 18,665 crore through 19 bids at the rate of 6.00 per cent.
The central bank did not inject any money through the repo auction.
Today, RBI fixed the reference rate for the day at Rs 46.61 per US dollar as compared to the previous rate of Rs 46.50 per USD.
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Story first published: Friday, August 25, 2006, 18:33 [IST]