Dhaka, Bangladesh (BBN)- The US dollar gained slightly against Bangladesh Taka (BDT) on Monday due to short supply of the greenback in the inter-bank market, officials said.
“The upward trend may continue in the near future with growing demand for greenback to settle import payments,” a senior treasury official of a commercial bank said, adding that the rise has been attributed for settlement of import payments, mainly on petroleum products.
The US dollar was quoted at BDT 69.6600-BDT 69.6950 in the inter-bank foreign exchange market on Monday against BDT 69.6300-BDT 69.6500 of the previous working day.
On the other hand, the inter-bank call money rate remained steady in the range between 4.75 per cent and 8.0 per cent on the day due to increased inflow of fund into the market.
BBN/SI/AD-20Sept10-8:56 pm (BST)
