USD/BDT maintained stable tone last week as well and was traded around Tk 77.80 levels. The foreign exchange reserve of the country crossed USD 26 billion-mark for the first time. We feel that market will see the same tone next week as well.
The average daily inter-bank USDBDT transaction volume was about USD 67.97 million against USD 59.16 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 hovered between the range of Tk 77.90-78.50, while USD buying rates from exporters hit between the range of Tk 76.90-77.50. For non-commercial payments such as telegraphic transfer as donations, wage earners remittance, dollar drafts etc, the average TT buying rate was in the range of Tk 76.90-77.50 while average TT selling rate was Tk 78.17 on the last working day.
USDBDT swap market in this week remained active with the daily average volume of swap transaction worth USD 45.00 million.
LOCAL MONEY MARKET
This week, the local call money market rate was around 5.30 per cent. The Bangladesh Bank supported commercial banks through reverse repo window. Bangladesh Bank accepted 91 days and 182 days T/Bill. The cutoff yield of 91 days was 5.55 per cent and 182 days was 5.99 per cent. It also accepted 10 years Government Treasury bond at yield of 8.39 per cent.
— Commercial Bank of Ceylon PLC
Forex market remains stable
FE Team | Published: August 22, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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