Call rates open low at 0.1-0.2 pc

Mumbai, July 30 (UNI) Extensive liquidity kept call rates low today, which opened at 0.1-0.2 per cent.

With over a trillion rupee worth bids being received for the LAF reverse repo, this week's outflows are unlikely to pose any great risk to liquidity. Call rates are expected to remain easy despite the sale of treasury bills and bonds worth Rs 19,000 crore, dealers opined.

However, there are other risks that exist this week with the monetary policy due for review tomorrow. Policy action over liquidity would impact call rates, they added.

UNI