Dhaka, Bangladesh (BBN)- The inter-bank call money rate was steady on Sunday despite withdrawal of cash from the market through treasury bills.
On the other hand, the US dollar also remained stable against Bangladesh Taka (BDT) in the moderately active inter-bank foreign exchange market, treasury officials said.
The call rate in extreme range fluctuated mainly between 1.25 percent and 10.0 per cent maintaining previous trading day’s range.
Most deals were, however, transacted at rates varying between 2.0 percent and 2.50 percent against previous day’s range of 2.0 percent and 3.0 percent that reflected lower pressure on liquidity, they added.
The dollar was stable against BDT and the exchange rate of the greenback stood at BDT 69.03 maintaining previous week’s rate.
The greenback was also steady in public deals and the cash dollar was transacted at rates varying between BDT 67.80 and BDT 70.0 coinciding with previous trading day’s range.
The market was moderately active due to weekend in the international bank.
BBN/SSR/SS/AD-01June09-12:59 am (BST)