Dhaka, Bangladesh (BBN)– Overall turnover in the inter-bank money market increased continuously ahead of the Eid-ul-Azha festival while the call money rates remain unchanged, officials said.
The turnover in the market rose to BDT 57.77 on Sunday from BDT 57.23 billion of the previous working day. It was BDT 56.21 on Wednesday last.
The call rate ranged between 5.25 per cent and 6.50 per cent unchanged against the previous level. But most of the deals were settled at rates varying between 5.50 per cent and 6.0 per cent, market operators said.
On the other hand, the banks quoted the dollar at BDT 77.80 on Sunday unchanged from the previous level, market operators said.
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.