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 Tuesday.
The call rate ranged between 4.50 per cent and 2.50 per cent unchanged against the previous level, market operators told the BBN.
The overall turnover in the inter-bank money market rose to BDT 64.46 billion on Monday from BDT 58.30 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.
The Bangladesh Bank purchased US$40 million more from three commercial banks directly on Monday aiming to keep the inter-bank foreign exchange market stable.
On the other hand, the key index of Dhaka Stock Exchange (DSE) advanced 2.61 points while the port city bourse, selective category index of Chittagong Stock Exchange (CSE) earned 9.65 points after 15 minutes of the day’s trading.
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BBN/SSR/AD