Local Market FX Local inter-bank FX market was active today. The
USD/BDT rate traded at a similar rate compared to the previous
working day, however there was liquidity pressure in the market.
Money Market Money market was active on Wednesday. The market was
liquid; and the majority of deals traded around 2.5 %. Rates are
taking their cue from the reverse repo rate. International Market
The dollar hit a 14- month low versus the euro and a currency basket
on Wednesday on the view that US interest rates will stay low, while
higher commodity prices reflected optimism about an improving global
economy, tarnishing the US currency's safe-haven appeal.