Dhaka, Bangladesh (BBN) – The inter-bank call money and foreign exchange opened almost stable on Wednesday, treasury officials said.
The call rate ranged between 2.00 per cent and 4.50 per cent against 2.75 per cent and 4.50 per cent of the previous working day, market operators told the BBN.
However, most of the deals are settling at rates varying between 3.25 per cent and 4.0 per cent, according to the market operators.
The overall turnover in the inter-bank money market came down to BDT 58.27 billion on Tuesday from BDT 59.07 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 78.40 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.
However, the country’s stocks witnessed upward trend in early hour of trading on the day, the third trading session of the week.
Both bourses — the premier bourse Dhaka Stock Exchange (DSE) and the port city bourse Chittagong Stock Exchange (CSE) saw positive trend when filed the report at 10:45am (local time).
The key index of the DSE advanced 6.84 points, while the Selective Category Index of port city bourse gained 7.86 points within 15 minutes of the day’s trading at 10:45am.