Call money rates fall, US$-BDT remains stable

Dhaka, Bangladesh (BBN) –The inter-bank call money rates fell slightly on Thursday following increased liquidity pressure on the market while the exchange rate of local currency against the US dollar remained stable.

The call rate ranged between 5.25 percent and 7.25 percent which was 5.25 percent and 7.50 percent in the previous level.

The overall turnover in the call money market rose to BDT 42.24 billion on Thursday from BDT 41.94 billion of the previous working day, according to the central bank statistics.

On the other hand, the banks quoted the dollar single rate at BDT 77.80 unchanged from the previous level.

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