But the call money rate came down at nine percent the same day after the central bank injected Tk 90 crore into the banking system under repurchase agreement (Repo).

According to market sources, the call money rate went up sharply yesterday as the banks had to adjust previous loans in call money and under Repo.

Different commercial banks borrowed Tk 190 crore from the central bank under Repo in the last two working days before the long bank holiday for Eid-ul-Azha and they had to repay these huge amount yesterday.

The banks have to maintain four percent Cash Reserve Ratio (CRR) on an average in a month but are allowed to bring it down at three percent on any day. The banks took the opportunity before Eid and now they will need to deposit the additional amount to cover the average level.

All these made the money market hot yesterday though there were no pressures for cash withdrawal from the clients.

According to bankers, deposits increased substantially yesterday instead of withdrawal, which is expected to bring normalcy in liquidity in banks in the next couple of days.