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The US dollar climbed to record high against the Bangladesh taka (BDT) Thursday in the local inter-bank foreign exchange market. The dollar, however, remained steady in the informal market, fund managers said.
In the formal inter-bank market, the exchange rate of the greenback against the taka varied between Tk 68.18 and Tk 71.40 against the previous day's range between Tk 68.14 and Tk 68.20. The cash dollar was firmer in public deals and was transacted at rates between Tk 68.90 and Tk 72.24.
In the informal market, the dollar was traded between Tk 69.90 and Tk 70.20 against previous day's range between Tk 68.80 and Tk 69.20. The informal market experienced higher demand for the dollar, money dealers said.
The inter-bank call money rate was steady Thursday in an active market. The call rate mainly varied between 10.00 per cent and 25.00 per cent coinciding with that of the previous week's range.
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