Bangladesh’s FX, money markets open stable, stocks up

Last updated: August 26, 2015

Dhaka, Bangladesh (BBN) - Bangladesh’s foreign exchange and inter-bank call money markets opened almost stable while the stocks witnessed an upward trend in early hour of trading on Thursday.
The call rate ranged between 5.30 per cent and 6.50 per cent unchanged against the previous level, market operators told the BBN.
The overall turnover in the inter-bank money market came down to BDT48.39 billion on Tuesday from BDT 48.60 billion of the previous day, according to the central bank latest statistics, released on Wednesday.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 on the day unchanged from the previous working day.
The exchange rate of the BDT against the US dollar remained stable due to weak demand for the greenback in the market, a senior treasury official explained.
DSEX, the prime index of the DSE, went up by 11.77 points or 0.25 percent to reach at 4,804.71, after first 30 minutes of trade, when the report was filed at 11am.
The DS30 index, comprising blue chips, gained 2.94 points or 0.16 percent to stand at 1,835.86. The DSE Shariah Index (DSES) advanced 2.73 points or 0.23 percent to reach at 1,181.05.
The port city bourse – the CSE also saw positive trend in early hour of trading with its Selective Category Index -- CSCX – gained 6.36 points to stand at 8,947.40, also at 11am.
Of the issues traded till then, 51 gained, 28 declined and 10 issues remained unchanged with a turnover value of BDT 24 million.

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