Dhaka, Sept. 27 -- Cash transactions on the call money-market rise in a rebound of the moribund interbank platform as the central bank's policy revision, cutting 50 basis points in the state-guaranteed standing deposit facility (SDF), helps change the equations, sources say.
At the same time, the Bangladesh Bank (BB), the country's central bank, keeps purchasing US dollars from the commercial banks as part of its move to stabilise the taka-US dollar exchange rate and injected caches of the local currency in exchange, which, in fact, increases the flow of liquidity on the money market.
The commercial banks, encouraged by the cash flow, are investing in interbank spot market amid persisting economic sluggishness, according to market playe...
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