Bangladesh’s FX, money markets stable, stocks gain

Last updated: February 3, 2015

Dhaka, Bangladesh (BBN) – Bangladesh’s both foreign exchange and money markets remained almost stable while the stocks see a upward trend in early hours of trading on Tuesday.
The call rate ranged between 7.0 per cent and 9.0 per cent on the day unchanged from the previous level. But most of the deals were made at rates between 7.50 per cent and 8.50 per cent on the day, market operators said.
On the other hand, the banks quoted the dollar signal rate at BDT 77.80 on the day unchanged from the previous level.
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Tuesday amid gloomy market outlook.
DSEX, the prime index of the DSE went up slightly by 5.64 points or 0.12 percent to reach at 4,624.07 points after first 30 minutes of trade when the report was filed at 11am.
DSE turnover stands at BDT 220.46 million when the report was filed at 11am.
The port city bourse – the CSE also saw positive trend in early hours of trading with its Selective Category Index -- CSCX – gained 10.03 points to stand at 8,572.34 points, also at 11am.
Of the issues traded till then, 34 gained, 23 declined and 16 remained unchanged with a turnover value of BDT 13.37 million.
                                       Daily market indicators                                                      

                                             Latest                             Previous      
Inter-bank US$-BDT rate            77.80                              77.80
BC-selling US$-BDT rate             78.4392                           78.4392
TT-clean US$-BDT rate              77.4392                            77.4392
Kerb market US$ rate                78.30-78.70                       78.40-78.80
Inter-bank call money rate          7.0% - 9.0%                      7.0% - 9.25%
DIBOR                                     7.7838%                            7.0094%
ALS (in billion)                           BDT 31.30                          BDT 25.78
Reverse REPO (in billion BDT)      BDT4.98                              BDT 1.85
Forex reserve (in billion)              $22.10                                 $22.04

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BBN/SSR/AD-03Feb15-11:50 am (BST)

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