Dhaka, Bangladesh (BBN)– Bangladesh’s inter-bank foreign exchange and call money markets opened almost stable on Tuesday, treasury officials said.
The call rate ranged between 2.75 per cent and 4.50 per cent against 2.0 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 rose to BDT 59.07 billion on Monday from BDT 54.87 billion of the previous day, according to the central bank latest statistics, released on Tuesday.
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.