Call rate went up Thursday while the US dollar eased further against the local currency in the inter-bank foreign exchange market, sources said.
The call rate maintained an upward trend on the day following withdrawal of fresh fund from the market by the central bank using its reverse repurchase agreement (repo) tool.
The Bangladesh Bank (BB) withdrew fund from the market amounting to Tk 1.87 billion at 6.25 per cent Thursday through the reverse repo auction, sources in the central bank said.
The call rate rose to 38 per cent on the day from 34 per cent of the previous day while most of the deals were settled between 16 per cent and 25 per cent.
The call rate ranged between 15 per cent and 46 per cent Thursday against 12 per cent and 34 per cent of the previous day, sources in the market said.
On the other hand, the US dollar eased further against Bangladesh Taka (BDT) and dropped to Tk 69.46 Thursday in the inter-bank foreign exchange market.
The greenback declined by Tk 0.24 per unit from Wednesday's high at Tk 69.70 to a lower demand of the US dollar in the market.