The inter-bank call money rate rose Sunday in an active market. The market experienced pressure on liquidity due to withdrawal of cash through auctions of treasury bills and reverse repurchase agreement (repo).
The rate was at its high at 25.00 against the previous day's rate at 20.00. The call rate evidently moved above the bank rate of 5.00 per cent.
The call rate mainly varied between 11.00 per cent and 25.00 per cent against previous week's rates, which ranged between 9.00 per cent and 20.00 per cent.