Dhaka, Bangladesh (BBN) - The call money rate eased further on Monday while the US dollar gained against the Bangladesh Bank (BDT) in the inter-bank foreign exchange market, treasury officials said.
The inter-bank call rate ranged between 6.50 per cent and 10.00 per cent on the day against the previous day’s range between 6.00 per cent and 12.00 per cent.
However, most of the deals were settled at rates varying between 7.00 per cent and 8.00 per cent, the market operators said.
“The call money rate eased following increased inflow of liquidity in the market. The liquidity situation improved gradually due to refund of the cash, which were withdrawn before the Eid festival, in the banking system
In the foreign exchange market, the US dollar gained slightly against the BDT due mainly to higher demand for the greenback.
The US dollar was quoted at BDT 74.30-BDT 74.45 in the inter-bank foreign exchange market on Monday against BDT 74.20 –BDT 74.32 of the previous working day, according to the central bank statistics.
BBN/SSR/AD-12Sept11-8:34 pm (BST)
