Bangladesh Taka remains stable against US dollar

Last updated: May 8, 2017

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Dhaka, Bangladesh (BBN) - The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Monday.
The US dollar was quoted at maximum BDT 80.45 unchanged from the previous level till the report was filed at 12:32 pm (local time).
On the other hand, the BDT appreciated further against the US dollar at customer level on Thursday.
The average exchange rate of US dollar came down to BDT 81.8396 for collection (BC) on the day from BDT 81.8474 f of the previous day, according to the statistics of the Bangladesh Foreign Exchange Dealers Association (BAFEDA).
On the other hand, the inter-bank call money rate remained stable in the range between 1.80 per cent and 4.50 per cent on Sunday mainly due to sufficient inflow of fund into the market.
The volume of overall transactions in the inter-bank call money market came down to BDT 67.63 billion on the day from BDT 69.17 billion of the previous working day, according to the central bank latest statistics, released on Monday.

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