Dhaka, Bangladesh (BBN) – The inter-bank call money rates remained stable in early-hour trading on Tuesday while the US dollar was unchanged against the local currency in the inter-bank foreign exchange market, treasury officials said.
The call rate ranged between 5.30 per cent and 6.50 per cent on the day unchanged from the previous level. However, most of the deals were settled at rates varying between 5.30 per cent and 6.0 per cent, they added.
On the other hand, the banks quoted the dollar rate at BDT 77.80 on the day unchanged from the previous level.
However, total turnover in the call money market rose to BDT 47.83 billion on Monday from BDT 41.82 billion of the previous working day, according to the latest central bank statistics, released on Tuesday morning.
Thirty commercial banks out of 56 and 22 non-banking financial institutions (NBFIs) out of 31 took part in the market on Sunday.
On the other hand, the Bangladesh Bank (BB) withdrew BDT 151.06 billion at 5.25 per cent from the market using its reverse REPO (repurchase agreement) auction on Monday. It was BDT 151.13 billion on Sunday.