Dhaka, Bangladesh (BBN)-The inter-bank call money remained almost unchanged on Thursday as the central bank has injected fresh fund continuously into the market, treasury officials said.
The call rate ranged between 4.50 percent and 5.75 percent on the day against 4.00-6.00 percent on the previous working day. However, most of the deals were settled at rates varying between 5.00 per cent and 5.50 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 and Eid-ul-Fitr.
As part of the move, Bangladesh Bank (BB) injected fresh funds worth BDT 11.19 billion at 5.50 per cent on the day through auction of repurchase agreement (repo) and special liquidity support to the primary dealers.
On Tuesday, the central bank injected funds worth BDT 6.79 billion using same mechanisms, the BB officials confirmed.
On the other hand, the US dollar was stable against Bangladesh Taka (BDT) in the inter-bank foreign exchange market due mainly to a low demand for the greenback.
The US dollar was quoted at BDT 69.5800-BDT 69.6000 in the inter-bank foreign exchange market Thursday, unchanged from that of the previous working day, the BB data showed.
BBN/SI/AD-02Sept10-6:02 pm (BST)
