Bangladesh’s FX, money markets stable, stocks fall

Last updated: April 23, 2015

Dhaka, Bangladesh (BBN)–Bangladesh’s both foreign exchange and money markets remained almost stable while the stocks fell on Thursday.
The call rate ranged between 7.0 percent and 8.0 percent unchanged from the previous level, market operators said.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 on the day unchanged from the previous level.
Meanwhile, the benchmark index of the Dhaka Stock Exchange came down below the 4,200-mark after 17 months on Thursday.
DSEX, the prime index of the DSE, went down further by 60.73 points or 1.42 percent to close at 4,192.20 points.
It was also the lowest level of DSEX since December 1, 2013, when it was 4,147.20 points.
The two other indices also ended saw sharp decline.
The DS30 index, comprising blue chips slipped 28.80 points or 1.77 percent to close at 1,592.75 points.
The DSE Shariah Index (DSES) plunged 16.58 points or 1.59 percent to close at 1,024.88 points.
The port city bourse, Chittagong Stock Exchange, also closed lower with its Selective Categories Index-CSCX- lost 142.16 points to close at 7,815.00 points.

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