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March 08, 2008 Saturday Safar 29, 1429





Money rates fall sharply


KARACHI, March 7: Short-term money rates fell sharply on Friday after inflows of around Rs12 billion into the inter-bank market, but dealers said rates were expected to rise again soon.

Overnight call rates ended at 1 per cent, down from Thursday’s close of 10.40 per cent.—Reuters






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