Call money:Tk 220b transacted in three days

The inter-bank call money rate marked a slight rise ahead of Eid-ul Azha and Durga Puja festivals, because of higher withdrawl of cash from the banks, according to treasury departments of commercial banks. The rate hit 9.50 per cent Thursday, the last working day before the Eid vacation. The call rate ranged between 6.00 per cent and 9.50 per cent on the day against the previous range hovered between 6.00 per cent and 9.25 per cent. A total of Tk 220 billion was transacted in the last three working days as inter-bank transactions. The Bangladesh Bank continued to provide liquidity support to the banks aiming to ease the cash money demand in the market. The BB injected fresh funds worth Tk 102.69 billion on the last working day through special liquidity support to the primary dealers (PD) and non-PD banks, according to banking sources.