Call money ends at 0.3-0.4 per cent

Mumbai July 17 (UNI) Call money rates remained unchanged today and closed at 0.3 per cent as compared to the previous close of 0.3-0.5 per cent.

During the day, the call rates touched a high of 0.5 per cent and low of 0.25 per cent.

Dealers expect measures from Reserve Bank of India this week to tighten the liquidity in the market.

There will be an auction of Market Stabilisation Scheme of Rs 5,000 crore on Wednesday. The Reserve Bank will also auction a bond of Rs 9,000 crore this week.

Intra-bank trade stayed firm during the day, dealers added.

UNI