Bangladesh’s FX, money markets open stable

Last updated: April 13, 2016

Dhaka, Bangladesh (BBN) - Bangladesh’s foreign exchange and inter-bank call money markets opened almost stable on Wednesday, treasury officials said.

The call rate ranged between 2.75 per cent and 4.50 per cent against 2.50 per cent and 4.50 per cent of the previous working day, market operators told the BBN.

The overall turnover in the inter-bank money market rose to BDT 73.32 billion on Tuesday from BDT 64.46 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.

More data –like weekly call money transaction trend, non-performing loans situation, capital adequacy position and OBU operation – are also available only for the BBN’s registered users. Please contact us through e-mail acting-editor@buinessnews-bd.com or arfinnegar11@gmail.com for subscription.

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