VOL NO REGD NO DA 1589

Tuesday, January 31, 2006

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

VIEWS & REVIEWS

EDITORIAL

LETTER TO EDITOR

COMPANIES & FINANCE

BUSINESS & FINANCE

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

HEADLINE
 
Dollar price rises further
FE Report
1/31/2006
 

          The US dollar gained further against Bangladesh Taka and rose to a new record at Tk 69.25 Monday for opening letters of credit (LCs) against imports.
The value of dollar rose by Tk 0.25 from Sunday's high at Tk 69.00 due to short supply of the greenback in the market, sources said.
However, the banks quoted the dollar at Tk 66.60 in interbank trading on the day, unchanged from the previous day.
For opening LCs against imports, the nationalised commercial banks (NCBs) quoted the dollar at Tk 67.25, while the foreign commercial banks (FCBs) and private commercial banks (PCBs) sold the greenback at Tk 69.25-69.20 on the day.
Currently, some commercial banks have been facing problem in making their import payments against LCs in the recent days due to short supply of the greenback in the interbank market.
However, the call rate came down at 23.50 per cent Monday from 24 per cent of the previous despite withdrawal of funds from the market by the central bank using its reverse repurchase agreement (repo) tool.

 

 
  More Headline
M&A to grip local cell phone companies
Govt approves telecom law amendment to tap cell phones
Sultan will quit if he fails to make ACC functional
Imports grow by 7.46pc in first half of this fiscal
Five sugar refineries to go into operation in 2 years
Diesel crisis may hit GDP growth
BoI initiates move to entice potential entrepreneurs to invest in SEZs
Four new gantry cranes installed at Ctg port
Dollar price rises further
Bangladesh selected as pilot country for ferry safety project
Mistrust delays successful implementation of SAFTA
Pump owners refute their role in current fuel crisis
Four DSE directors elected
NBFIs seek low-cost BB refinancing facility
Ekushey Book Fair begins tomorrow
Hamas faces cash crunch
Nine out of 13 killed in Natore mishap identified
Holy Ashura on Feb 10
Five get death penalty for killing youth
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com