The local currency was steady in the week December 18 against the greenback and was traded at around 77.88 levels. Though the market has demand for the foreign currency to make the upcoming payments.
The market will see the same tone next week as well. The average daily inter-bank USD/BDT transaction volume was about $15.96 million against around $31.72 million of the week before.
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 78.40-79.20, while USD buying rates from exporters were at 77.40-78.20. For non- commercial payments such as Tele Graphic Transfer as donations, wage earners remittance, dollar drafts etc, the average T.T buying rate was in the range of 77.40-78.20 while average T.T selling rate was at 78.6830 on the last working day.
USD/BDT swap market last week was very much active. The daily average volume of swap transaction was around $90.00 million.
The local call money rate showed upward trend due to some liquidity shortage and market was traded at 7.75 per cent on the last day of the week. Bangladesh Bank supported commercial banks through Reverse Repo and ALS windows. Bangladesh Bank accepted 91-day T-Bill and 182-day T-Bill. The cutoff yield of 91-day was 7.35 per cent and 182-day was 7.85 per cent. It also accepted 10-Year Govt. Treasury bond at yield of 10.92 per cent.
— Commercial Bank of Ceylon PLC
Taka steady against dollar
FE Team | Published: December 20, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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