Dhaka, Bangladesh (BBN)– Bangladesh’s both foreign exchange and money markets remained almost stable while the stocks saw a downward trend in early hours of trading on Monday.
The call rate ranged between 5.25 per cent and 6.75 per cent on the day unchanged from the previous level. But most of the deals were made at rates between 5.50 per cent and 6.50 per cent on the day, market operators said.
On the other hand, the banks quoted the US dollar single ate at BDT 77.80 unchanged from the previous level.
“Such US$/BDT trend may continue until increasing import payment obligations,” a senior treasury official told BBN in Dhaka.
DSEX, the prime index of the DSE, went down by 4.89 point or 0.11 per cent to 4488.48, after nearly 1st hour of trade when the report was filed at 11:15am.
DSE turnover stood at BDT 553.76 million when the report was filed. Of the issues traded till then, 87 advanced, 99 declined and 44 remained unchanged.
The port city bourse – CSE – also saw downward trend in early hour with its Selective Category Index – CSCX – losing 2.61 points to 8,331.17, also at 11:19am. Of the issues traded till then, 24 gained, 62 declined and 20 remained unchanged with a turnover value of BDT 60 million.