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Wednesday, October 12, 2005

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Call rate drops, dollar stable
FE Report
10/12/2005
 

          The call money rate slightly dropped Tuesday while the US dollar was mostly stable against the local currency in the inter-bank foreign exchange market, sources said.
The call rate recorded a declining trend on the day despite the central bank's withdrawal of fresh fund from the market, using its reverse repurchase agreement (repo) tool.
The call rate ranged between 5.50 per cent and 10.50 per cent on the day from 5.75 per cent and 10.75 per cent of the previous day.
On the other hand, the banks quoted the dollar at Tk 65.65-65.75 on the day, unchanged from the previous level.

 

 
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