Call money rates end at 2.75-3.00 per cent

Mumbai, Jun 18 (UNI) Call money rates ended at 2.75-3.00 per cent today as compared to the previous close of 3-3.25 per cent.

During the day, it touched a high of 3.50 per cent and a low of 2.50 per cent.

The Reserve Bank of India (RBI) received 58 bids worth Rs 69,450 crore at the one-day reverse repo auction. It accepted only Rs 2,999 crore. No single bid was received at the one-day repo auction, dealers said.

At the CBLO segment, 331 bids for Rs 27,070 crore were traded in the range of 0.03-0.75 per cent. Call money rates are expected to trade easy around current levels, dealers added.

UNI