Bangladesh Taka remains stable against US dollar

Last updated: May 14, 2017

BBN file photo

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 maximum BDT 80.50 unchanged from the previous level till the report was filed at 11:27 am (local time).
On the other hand, the BDT appreciated slightly against the US dollar at customer level on Thursday.
The average exchange rate of US dollar came down to BDT 81.7583 for collection (BC) on the day from BDT 81.8000 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 1.80 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 came down to BDT 66.03 billion on the day from BDT 68.18 billion of the previous working day, according to the central bank latest statistics, released on Sunday.

BBN/SSR/AD

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram