Taka remains stable

Local currency maintained stable tone against US dollar during the week of September 7 to September 11 last as well and was traded around 77.40 levels. The market will see the same tone next week.
The average daily inter-bank USD/BDT transaction volume was about $31.50 million against around $47.43 million of the week before.
Most of the banks kept their published foreign exchange rates unchanged last week. The USD/BDT selling rates for importers of major foreign and private banks was at 77.60-78.10, while USD Buying rates from exporters were at 76.60-77.10. For noncommercial payments such as Tele Graphic Transfer as donations, wage earners remittance, dollar drafts etc. The average T.T Selling rate was at 77.8612 on the last working day.
USD/BDT Swap market last week was very much active. The daily average volume of swap transaction was around $45.00 million.
The local call money rate observed the same tone and market traded around 5.50 per cent. The central bank supported commercial banks through Repo, Reverse Repo and ALS windows. Bangladesh Bank accepted 91-day T-Bill and 364-day T-Bill. The cutoff yield of 91-day was 6.55 per cent and 364-day was 7.54 per cent. It also accepted 5-Year Govt. Treasury bond at yield of 9.49 per cent.
    — Commercial  Bank  of  Ceylon PLC