(June 5-June 11, 2015)
The local currency maintained stable tone last week as well. The country continued its foreign currency receiving as inward remittances. Bangladesh Bank purchased the fresh USD from interbank to stabilise the market. The market might see the same tone next week as well.
The average daily inter-bank USDBDT transaction volume was about USD 35.67 million against USD 44.84 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 telegraphic transfer as donations, wage earners remittance, dollar drafts etc, the average T.T buying rate hovered between the range of Tk 76.90-77.50 while average T.T selling rate was at Tk 78.1765 on the last working day.
USDBDT swap market in this week remained 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 182 days' T/Bill. The cutoff yield of 91 days was 5.36 per cent and that of 182 days was 6.45 per cent.
— Commercial Bank of Ceylon PLC
The currency shows stable tone
FE Team | Published: June 13, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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