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.
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