April
May
June
July
August
Septem-
October
Novem-
Decem-
January
February
March
ber
1997
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.