Dhaka, Bangladesh (BBN)– The inter-bank call money rate remained almost unchanged on Monday as Bangladesh Bank (BB) has continuously injected fresh fund into the market, treasury officials said.
The call rate ranged between 4.75 percent and 7.50 percent on Monday against 4.25-8.00 percent on the previous working day. However, most of the deals were settled at rates varying between 6.00 per cent and 7.00 per cent, the market operators confirmed.
The central bank has continued providing liquidity support to the banks and non-banking financial institutions (NBFIs) to ease the cash money demand in the market during the holy month of Ramadan.
Under the operation, the BB injected fresh funds worth BDT 9.29 billion at 5.50 percent on the may through auction of repurchase agreement (repo) and special liquidity support to the primary dealers.
On the other hand, the US dollar remained almost unchanged against the local currency in the inter-bank foreign exchange market due mainly to a low demand for the greenback.
The US dollar was quoted at BDT 69.5400 in the inter-bank foreign exchange market on Monday against BDT 69.5450 on the previous working day, the BB data showed.
BBN/SI/AD-23Aug10-7:52 pm (BST)
