BBN file photo
Dhaka, Bangladesh (BBN) - The ongoing mode of Bangladesh Taka (BDT) against the US dollar has continued following higher demand for the greenback in the foreign exchange market.
The local currency depreciated by nearly two paisa against the US dollar at customer level on Thursday to meet the growing demand for the US currency to settle import payment obligations.
The average exchange rate of the US dollar at customer level rose to BDT 80.6370 on the day from BDT 80.6134 of the previous day.
On the other hand, the exchange rate of BDT against the US dollar in the inter-bank foreign exchange market remained almost stable in early hour transactions on Sunday.
The US dollar was quoted at maximum BDT 79.72 unchanged from the previous level till the report was filed at 11:26 pm (local time).
However, the inter-bank call money rate remained stable in the range between 3.00 per cent and 4.50 per cent on the day mainly due to sufficient inflow of fund into the market.
The volume of overall transactions in the inter-bank call money market rose to BDT 62.32 billion on Thursday from BDT 59.95 billion of the previous working day, according to the central bank latest statistics, released on Sunday.
BBN/SSR/AD