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Rediff.com  » Business » RBI offices remain closed

RBI offices remain closed

June 30, 2003 18:00 IST
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The inter-bank call money and the government bond markets witnessed barely any trading activity on Monday as the Reserve Bank of India offices remained closed for annual closure of accounts, dealers said.

The central bank has also not conducted its daily repo auction under the liquidity adjustment facility on Monday.

However, the foreign exchange market witnessed hectic activity on the last day of the month, pulling down the rupee by eight paise to 46.48 in evening session, though cash/spot deals were not conducted.

UNI

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