Weekly roundup: call money rates soar

Dhaka, Bangladesh (BBN)– The inter-bank call money market heated up following central bank’s measures to mop up excess liquidity from the market, treasury officials said.  

The squeezing of liquidity support through repurchase agreement (Repo) auction by Bangladesh Bank led call money rates to soar above 30 percent level on Tuesday.
The rates further went up on the next two days to hit as high as 32 percent on Thursday.

BBN/SI/AD012Dec10-1:27 am (BST) 

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