Average inter-bank transaction volume declines to $103.00m

Local foreign exchange market remained calm in the week ended Thursday.

Bangladesh Bank kept the exchange rate of the dollar to BDT 82.96. The BB continued selling dollars into the market.

The average daily inter-bank USDBDT transaction volume was about USD 103.00 million against USD 123.21 million of the preceding week.

Most of the banks kept their USD/BDT rates unchanged for customers this week. The USD/BDT selling rates for importers of major foreign and private banks was Tk 83.50, while USD buying rates from exporters were at Tk 82.50. For non- commercial payments such as tele graphic transfer as donations, wage earners remittance, dollar drafts etc, the average T.T buying rate hovered between Tk 81.36 and Tk 82.48 while average T.T selling rate was Tk 83.46 on the last working day, said a statement issued by CBC.

USDBDT swap market in the week was active. The daily average volume of swap transaction was around USD 63.30 million.