The central bank has taken steps to manage excess funds. A significant amount of money was absorbed from the financial system. This move aims to align short-term interest rates with a key policy rate. The financial system had a substantial amount of surplus cash, which was created by certain deposit mobilization efforts.

Further details about this development are available. The central bank's actions are intended to maintain balance in the financial system.

The amount of surplus cash in the system was recently estimated to be quite high, prompting the central bank to take action to remove excess funds.