Short Term Interest Rates
The proportion of a sum of money that is paid over a specified period of time in payment for its loan. It is the price a borrower has to pay to enjoy the use of cash which he or she does not own, and the return a lender enjoys for deferring his or her consumption or parting with liquidity.
| Date | % p.a. | Date | % p.a. | Date | % p.a. |
| August 11 2001 | 7.08 | September 1 2001 | 6.88 | October 6 2001 | 7.00 |
| August 18 2001 | 6.96 | September 8 2001 | 6.83 | October 13 2001 | 7.00 |
| August 25 2001 | 6.88 | September 15 2001 | 6.83 | October 20 2001 | 6.92 |
| September 22 2001 | 7.00 | October 27 2001 | 7.00 | ||
| September 29 2001 | 7.21 |
Sources:
The Economist
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- India last edited on 2 November 2001 at 10:21 am by libnt37.gatech.edu