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The Bangladeshi taka ended firmer on Tuesday, supported by a jump in money market rates because of a liquidity shortfall, dealers said. The taka was quoted at 63.00/63.38 per dollar against 63.00/63.62 on Monday. "The taka gained ground further due to pressure in the local funds market," said a dealer with a private bank. Call rates rose and ranged between 6.0 percent and 40.0 percent against 5.0 percent and 25.0 percent on Monday.

Copyright Reuters, 2005

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