Dhaka, Bangladesh (BBN)–Bangladesh’s both foreign exchange and money markets remained almost stable in closing on Monday while the stocks witnessed a sharp plunge.
The call rate ranged between 6.75 percent and 8.0 percent remained unchanged from the previous level, market operators said.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 which was also unchanged from the previous level.
Bangladesh’s stocks saw a sharp fall on Monday with key index of the premier bourse dipping below 4,000-mark after 18 months as frustrated investors went for heavy sell-offs.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), dipped below 4,000-mark and ended at 3,959.73 points, shedding 87.54 points or 2.16 percent.
The two other indices also saw sharp fall.
The DS30 index, comprising blue chips, plummeted 39.48 points or 2.55 percent to close at 1,505.70 points.
The DSE Shariah Index (DSES) dropped 19.08 points or 1.92 percent to close at 973.45 points.
The port city bourse, Chittagong Stock Exchange (CSE), also closed lower with its Selective Categories Index – CSCX – fell 115.16 points to close at 7,433.81 points.