Call money rate eases further Thursday

Last updated: December 23, 2010

Dhaka, Bangladesh (BBN)- The inter-bank call money rate eased further on Thursday following the central bank’s intervention in the market, officials said.

The call rate ranged between 15 per cent and 25 per cent on the day against 9-30 per cent of the previous working day. However, most of the deals were settled at rates ranging from 18 per cent to 20 per cent, treasury officials confirmed.

The central bank intervened in the market since Monday that continued until Thursday to bring back stability in the inter-bank call money rate, the BB officials said.

BBN/SI/AD-23Dec10-10:57 pm (BST) 

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