Bangladeshi taka eases on import demand

07 Jan, 2004

The Bangladesh taka dropped on Tuesday due to higher demand for dollars from importers of auto parts and textile accessories, dealers said.
The taka was quoted at 58.85/58.95 per dollar in interbank trade, compared with 58.84/58.85 on Monday.
"Dollar supply was limited against the import related payments," said a dealer with a private bank.
Dominant public banks settled deals at 58.85 per dollar while some private and foreign banks concluded a few deals at 59.
Call money rates were ranged steady between 4.0 percent and 7.0 percent.

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