Dhaka, Bangladesh (BBN) – The inter-bank call money rate almost remained unchanged on Tuesday, last working day before the Eid-ul-Fitr festival, following injection of fresh fund by the central bank to keep market stable.
The call rate ranged between 7.00 per cent and 12.00 per cent on the day unchanged from the previous level. However, most of the deals were settled between 7.50 per cent and 8.50 per cent, market operators said.
The central bank injected fund amounting to BDT 1.60 billion at 8.75 per cent interest on the day through repurchase agreement (Repo) auction in the market, officials confirmed.
Excess liquidity with all scheduled banks stood lower at BDT 129.88 billion by the end June last against BDT 142.79 billion at the end of June 2007, according to the central bank statistics.
BBN/SI/SS/AD-30September08-3:31 PM (BST)
