(June 28-July 2, 2015)
USD/BDT maintained stable tone last week as well. Bangladesh Bank continued buying foreign currency from the market. The foreign exchange reserve of the country stood at USD 25.01 billion on the last day of June, 2015.
The average daily inter-bank USDBDT transaction volume was about USD 47.72 million against USD 51.72 million of the preceding week.
Most of the banks kept their published foreign exchange rates unchanged throughout the week. The USD/BDT selling rates for importers of major foreign and private banks was at 77.90-78.50, while USD buying rates from exporters were at 76.90-77.50. For non- commercial payments such as tele graphic transfer as donations, wage earners remittance, dollar drafts etc, the average T.T buying rate hovered in the range of 76.90-77.50 while average T.T selling rate was at 78.1731 on the last working day.
USDBDT swap market in this week was active. The daily average volume of swap transaction was around USD 55.00 million.
LOCAL MONEY MARKET
This week, the local call money market rate stood around 5.25 per cent. The Bangladesh Bank supported commercial banks through reverse repo window. Bangladesh Bank accepted 91 days and 364 days T/Bill. The cutoff yield of 91 days was 5.39 per cent and 364 days was 6.70 per cent.
— Commercial Bank of Ceylon PLC
BB continues forex buying
FE Team | Published: July 04, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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