Dhaka, Bangladesh (BBN) - Bangladesh Taka (BDT) remained stable against the US dollar during the week from June 22 to June 26 and was traded around the 77.63 level.
The existing trend USD/BDT may continue in the next week, expert said.
The average daily inter-bank USD/BDT transaction volume was about $ 57.34 million against around $ 29.32 million of the week before.
Most of the banks kept their published foreign exchange rates unchanged in the last week. The USD/BDT selling rates for importers of major foreign and private banks was at 77.80-78.30, while USD buying rates from exporters were at 76.80-77.30.
For non-commercial payments such as Tele Graphic Transfer, wage earners remittance, dollar drafts etc, the average TT buying rate was in the range of 76.80-77.30 while the average TT selling rate was at 78.0500 on the last working day, according to the treasury officials.
The USD/BDT swap market last week was very much active. The daily average volume of swap transaction was around $ 55.00 million.
The local call money market traded around 5.75 per cent. The central bank supported commercial banks through REPO and Reverse REPO windows.
During the week, the Bangladesh Bank (BB) accepted 91-day T-Bill and 182-day T-Bill. The cut off yield of 91-day was 6.88 per cent and 182-day was 7.54 per cent.
It also accepted 15-Year Bangladesh Government Treasury Bonds (BGTB) at the yield of 11.97 per cent and 20-Year BGTBs at the yield of 12.12 percent, according to the auction result.
BBN/SSR/AD-28JUne14-1:50 pm (BST)
