Call money rate remains unchanged

Last updated: December 8, 2011

Dhaka, Bangladesh (BBN) - The inter-bank call money rate remained unchanged on Thursday following the central bank’s restrictions on liquidity support to the commercial banks, treasury officials said.

The call rate ranged between 10 percent and 22 percent on the day against 8.75-22 per cent on the previous day. However, most deals were settled at 20 percent, they added.

"The upward trend of call money rate remained unchanged on the day due mainly to temporary suspension of liquidity support through repurchase agreement (Repo) auction by the central bank" a senior treasury official of a leading private commercial bank (PCB) told BBN in Dhaka.

He also said the call money rate may ease gradually in the near future.

BBN/SSR/AD-08Dec11-11:58 pm (BST) 

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