Inter-bank interest rates last week slipped 0.83-1.03 percentage points against the previous week because of good liquidity, pushing Friday’s overnight rate to a three-month low of 2.97 per cent.
Overnight rate as well as one-week and two-week interbank interest rates shot up in December to a general 3-3.5 per cent per annum, in comparison with the below one per cent in the previous month.
