BDT’s appreciating mode continues against US dollar at customer level

Last updated: January 8, 2017

Dhaka, Bangladesh (BBN) – Appreciating mode of the Bangladesh Taka (BDT) continued against the US dollar at customer level on Thursday.
The average exchange rate of the US dollar at customer level came down to BDT 79.2452 on Thursday from BDT 79.2481 of the previous working day. It was BDT 79.2712 on Tuesday.
“The BDT/US$ rate at customer level may fall slightly in the coming days following 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 exchange rate of BDT against the US dollar in the inter-bank foreign exchange market remained stable in early hour transactions on Sunday.
The US dollar was quoted at BDT 78.70 unchanged the level of previous working day till the report was filed at 12:40 pm (local time).
However, the inter-bank call money rate remained stable in the range between 2.50 per cent and 4.50 per cent on the day 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 43.86 billion on Thursday from BDT 36.74 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