Dhaka, Bangladesh (BBN)-Bangladesh’s foreign exchange and inter-bank call money markets opened almost stable while the stocks witnessed an upward trend in early hour of trading on Thursday.
The call rate ranged between 5.30 per cent and 7.50 per cent unchanged against the previous level, market operators told the BBN.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 on the day unchanged from the previous level.
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 told the BBN in Dhaka.
“The existing trend of inter-bank forex market may continue till the end of this month,” he said.
Meanwhile, DSEX, the prime index of the DSE, went up slightly by 3.42 points or 0.07 percent to reach at 4,346.50 points, after first 30 minutes of trade when the report was filed at 11:00am.
The two other indices also saw positive trend.
The DS30 index, comprising blue chips gained 0.74 points or 0.04 percent to stand at 1,636.41 points.
The DSE Shariah Index (DSES) advanced 2.05 points or 0.19 percent to stand at 1,050.79 points.
DSE turnover stands at BDT 1.33 billion when the report was filed.
The port city bourse – the CSE – also saw positive trend in early hours of trading with its Selective Category Index – CSCX – gained 36.27 points to stand at 8,214.32 points, also at 11:00am.
BBN/SK/ANS-14May15-11:50am (BST)
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Bangladesh’s FX close stable Wednesday, call money falls
Dhaka, Bangladesh (BBN)– Bangladesh’s foreign exchange market remained almost stable while the inter-bank call money rates fell slightly on Wednesday.
Meanwhile, Bangladesh’s stock market returned to green on Wednesday after previous session’s mild correction, with turnover crossing BDT 6.0 billion-mark again on the prime bourse.
The call rate ranged between 5.30 per cent and 7.50 per cent on the day against the previous range between 5.50 per cent and 7.50 per cent, market operators told the BBN.
The overall turnover in the call money market came down to BDT 36.69 billion on Tuesday from BDT 37.90 billion of the previous working day, according to the Bangladesh Bank statistics.
On the other hand, the banks quoted the dollar single rate at BDT 77.80 on the day unchanged from the previous level.
DSEX, the prime index of the DSE went up by marginally by 16.04 points or 0.37 percent to close at 4,342.66 points.
The two other indices also ended in positive zone.
The DS30 index, comprising blue chips gained 13.17 points or 0.81 percent to close at 1,635.67 points.
The DSE Shariah Index (DSES) advanced 9.49 points or 0.91 percent to close at 1,048.73 points.
The total turnover on the DSE also crossed BDT 6.0 billion-mark and amounted to BDT 6.37 billion, which was 15 percent than the previous session’s BDT 5.54 billion.
It was also six months highest turnover since BDT 6.91 billion recorded on November 17, last year.
The port city bourse Chittagong Stock Exchange (CSE) also closed marginally higher after previous marginal correction with its Selective Categories Index – CSCX – gained 42.24 points to close at 8,179.46 points.