Currency | The Daily Star
11:00 PM, October 20, 2009 / LAST MODIFIED: 11:00 PM, October 20, 2009

Currency

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Local Market FX
Local inter-bank FX market traded actively today. The USD/BDT rate traded at a higher level compared with the previous day. The market has been on a strong uptrend in the past few days.
International Market
The dollar hit a 14-month low against a basket of currencies on Tuesday on a cocktail of policymaker comments, Strength in global stocks, fired by Apple Inc's forecast-beating third-quarter earnings overnight, also fed traders' appetite to sell dollars for higher-yielding currencies and assets more closely correlated with economic recovery.

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