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AVERAGE INTEREST RATE ON ZAGREB MONEY MARKET DECREASES

Autor: ;RM;
ZAGREB, 11 Feb (Hina) - An increase in demand caused the interest rate on the Zagreb money market to decrease by 67 basis points to 10,78% at the annual level. The total weekly money supply on the inter-bank market reached 241,14 million kuna, or US $43,84 million, which is 55,29 million kuna more than the demanded quantity. The last week's turnover in daily trade was 179,53 million kuna (US $32,64 million), or 15,83% more than a week before. Total assets on bank accounts last week reached 2,56 billion kuna (US $465,45 million). At the same time, the assets which were lacking reached the amount of 23,09 million kuna, which is 16% less than the last week. (hina) rm jn 111202 MET feb 97

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