KARACHI, July 31: Short-term money rates jumped on Thursday after central bank conducted a repo to mop up liquidity from the money market and the rupee firmed slightly.

Overnight call rates ended at 10.5 per cent, up from Wednesday’s close of 3 per cent.

“Market was a bit volatile today and there were inflows of about Rs71 billion against an outflow of over Rs80 billion,” said a brokerage house dealer.

In the currency market, dealers said the rupee ended at 71.45/55 to the dollar, marginally firmer from Wednesday’s close of 71.50/60.—Reuters