Call money ends high at 3-3.25 per cent

Mumbai, June 11 (UNI) Call money rates turned back today to the higher side to close at 3-3.25 per cent as against the previous close of 2-2.50 per cent on Friday.

During the day it touched a high of 4 per cent and a low of 2.50 per cent.

Normal inflow of flush funds in the market kept the market steady which eventually ended on higher side, dealers opined.

The government auctioned Rs 5,000 crore of treasury bills today and Rs 6,000 crore of bills will be auctioned on Wednesday.

Last week, the call rates had touched a low of 0.25 per cent with traders keeping away from business after witnessing an excess cash flow in the market.

UNI