Dhaka, Bangladesh (BBN)- The inter-bank call money rate remained unchanged on Tuesday, second working day after the Eid-ul-Fitr festival, due to thin trading, treasury officials said.
The call rate ranged between 4.75 per cent and 9.50 per cent on the day, unchanged from that of 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 call rate may ease gradually after increase in flow of liquidity in the banking system," a senior treasury official of a commercial bank said, adding that the flow of liquidity may increase shortly due to refund of the cash, which were withdrawn before the Eid festival, in the banking system.
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 69.5900 in the inter-bank foreign exchange market on Tuesday against BDT 69.5800-BDT 69.5900 of the previous level, the BB data showed.
BBN/SI/AD-14Sept10-6:57 pm (BST)
