Dhaka, Bangladesh (BBN) – The exchange rate of Bangladesh Taka (BDT) against the US dollar moved up slightly at customer level while the call money rate remained stable in early hour transactions on Thursday.
The average exchange rate of US dollar rose to BDT 81.5132 for bill for collection (BC) on Wednesday from BDT 81.4821 of the previous working day, according to the statistics of the Bangladesh Foreign Exchange Dealers Association (BAFEDA).
“The upward trend of BDT/US$ is continuing at the customer level,” a senior treasury official told BBN in Dhaka without elaborating.
However, the US dollar was quoted at BDT 80.60 unchanged from the previous level in the inter-bank foreign exchange market till the report was filed at 11:10 am (local time).
On the other hand, the inter-bank call money rate remained stable in the range between 1.80 per cent and 4.50 per cent on Wednesday 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 64.49 billion on the day from BDT 64.48 billion of the previous working day, according to the central bank latest statistics, released on Thursday.