Dhaka, Bangladesh (BBN) - The inter-bank call money rate remained unchanged on Thursday as the central bank has been continuously injecting fresh funds into the market, treasury officials said.
The call rate ranged between 4.00 per cent and 6.00 per cent on the day against 4.00-6.00 per cent on the previous working day.
However, most of the deals were settled at rates varying between 5.00 per cent and 5.50 per cent, the market operators confirmed.
The central bank has been providing liquidity support to the banks and non-banking financial institutions (NBFIs) to ease the cash money demand in the market during Ramadan and Eid-ul-Fitr.
As part of the move, the Bangladesh Bank (BB) injected fresh funds worth Tk 7.08 billion at 5.50 per cent on the day through auction of repurchase agreement (repo) and special liquidity support to the primary dealers.
On Wednesday, the central bank injected funds worth Tk 6.605 billion using the same mechanisms, the BB officials added.
On the other hand, the US dollar eased slightly against Bangladesh Taka (BDT) in the inter-bank foreign exchange market due mainly to a low demand for the greenback.
The US dollar was quoted at BDT 69.5700-BDT 69.6900 in the inter-bank foreign exchange market on Thursday against BDT 69.5800-BDT 69.6000 on the previous working day, the BB data showed.
BBN/SI/AD-26Aug10-4:36 pm (BST)
