Call money rate at 22pc due to liquidity pressure
The inter-bank call money rate remained at 22 percent during last two days (Wednesday and Thursday) indicating a fresh liquidity pressure in the money market, official sources said.
The call money rate ranged between 17 per cent and 22 on Thursday against 8.75 percent and 22 per cent on the previous working day.
In private sector, although, City Bank transacted call money rate at 10 per cent while non-banking financial institutions traded at 22 per cent.
Bangladesh Bank sources said State-owned Commercial Bank (SCBs) Agrani Bank brought Tk 5.32 billion while Sonali Bank Tk 4.45 billion, private commercial bank Uttara Tk 4.40 billion. At total of Tk 50.36 billion transacted yesterday in the inter-bank money market.
Source: The Daily Sun/ Bangladesh/ 9th Dec 2011
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