April

May

June

July

August

Septem-

October

Novem-

Decem-

January

February

March

ber

ber

ber

1997

1997

1997

1997

1997

1997

1997

1997

1997

1998

1998

1998

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

Call Money Rate*

1.22

5.90

5.16

3.77

5.86

6.71

6.25

6.13

8.21

28.70

9.70

8.75

Note

:

*Weighted average of borrowing rates reported by selected commercial banks and DFHI, the weight being the amount borrowed.

The monthly average is the weighted average of the weekly averages.

Source

:

Department of Economic Analysis and Policy.