Currency
Local Market FX
Local inter-bank FX market was active on Wednesday. The market was liquid and USD/BDT rate was similar to the previous working day.
Money Market
Money market was active on Wednesday. The market was very liquid and most deals traded at .1-.25 percent.
International Market
The euro was pressured against the dollar on Wednesday when a recent rally in equity prices ran out of steam, dampening risk-taking sentiment. The dollar held steady, recouping earlier losses as US Treasury yields tumbled after Federal Reserve Chairman Ben Bernanke said US interest rates would stay low for some time.
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