Call money rate moves up further Wednesday

Dhaka, Bangladesh (BBN) – The inter-bank call money rate moved up further Wednesday ahead of the Eid-ul-Fitr festival, treasury officials said.

The call rate ranged between 12.00 per cent and 18.00 per cent on the day against the range of 12.00 per cent and 15.00 per cent of the previous day.

However, most of the deals were settled at rates varying between 15.00 per cent and 18.00 per cent, the market operators said.

“The call money rate may move up slightly on Thursday,” a senior treasury official of a commercial bank told the BBN in Dhaka without elaborating.

BBN/SSR/AD-24Aug11-5:26 pm (BST)  

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