Dhaka, Bangladesh (BBN) – The call money rate remained stable while the US dollar remained also unchanged in the inter-bank markets Sunday, treasury officials said.
The call rate ranged between 0.10 per cent and 10.00 per cent on the day unchanged from the previous level. But most of the deals were made at rates between 0.10 per cent and 0.15 per cent on the day, they added.
On the other hand, the US dollar remained unchanged against Bangladesh Taka (BDT) due mainly to low demand of the greenback in the inter-bank foreign exchange market.
The banks quoted the dollar signal rate at BDT 69.06 on the day unchanged from the previous level in the inter-bank foreign exchange market.
The central bank has continued its intervention in the inter-bank foreign exchange market by purchasing more greenbacks from the commercial banks directly to keep the market stable.
As part of the move, the Bangladesh Bank (BB) purchased US$37 million at market rate from four commercial banks Monday to help them comply with the net open position (NOP) rules on holding foreign exchange, officials confirmed.
BBN/SS/SSR/AD-09July09-1:50 am (BST)