Dhaka, Bangladesh (BBN)– Liquidity pressure on Bangladesh money market eased further in the last week, ended on Thursday following higher inflow of funds.
The inflow of funds improved in the market during the period under review as impact on disbursement of the government funds as well as cash deposit with banks in the last week of June.
On the other hand, overall turnover crossed BDT 95 billion-mark in the last week following higher inflow of find in the market, market insiders said.
Some banks still prefer to invest their fund in other forms including deposit to other cash-hungry banks instead of call money market, they added.
The volume of overall transactions in the market rose to BDT 95.21 billion on Thursday from BDT 70.17 billion a week ago, according to the central bank’s latest statistics.
On the other hand, the weighted average call money rose to 4.33 per cent on Thursday from 2.32 per cent week ago.
It was 4.61 per cent on December 27, 2018.
The rate was 2.77 per cent at the end of June 2018. It was 4.03 per cent on December 27, 2017.