Dhaka, Bangladesh (BBN) -The exchange rate of Bangladesh Taka (BDT) against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Sunday.
The US dollar was quoted at BDT 80.53-BDT 80.55 unchanged from the previous level till the report was filed at 12:10 pm (local time).
“The BDT may move slowly against the US dollar in the coming days follower lower demand for the greenback in the market,” a senior treasury official of a leading commercial bank told BBN in Dhaka.
He also said the BDT also remained almost stable against the US dollar at customer level on Thursday.
The average exchange rate of US dollar rose to BDT 81.4858 for bill for collection (BC) on the day from BDT 81.5493 of the previous working day, according to the statistics of the Bangladesh Foreign Exchange Dealers Association (BAFEDA).
However, the inter-bank call money rate remained stable in the range between 3.00 per cent and 4.50 per cent on Thursday mainly due to sufficient inflow of fund into the market.
The volume of overall transactions in the inter-bank call money market rose to BDT 66.13 billion on the day from BDT 62.95 billion of the previous working day, according to the central bank latest statistics, released on Sunday.