WACR rises to 6.68% amid liquidity deficit; 10-year G-Sec yield steady at 6.84%
The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Wednesday, 18 basis points higher than the Reserve Bank of India's current repo rate of 6.50%, due to deficit liquidity conditions in the banking system, money market dealers said. The WACR was 6.69% on the previous day.