Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.85% (Nov 21’19) 4.88% (Nov 21’19) 21.11 Call Money Lending (Crore BDT) 6,193.97 (Nov 28’19) 6,834.68 (Nov 21’19) 9.37% Prices Weighted Average Deposit Rate 5.60% (Aug ’19) 5.60% (Aug ’19) 0.00% Weighted Average Lending Rate 9.60% (Aug ’19)

Int’l trade to be more dynamic Bangladesh Bank is set to upgrade the Bangladesh Automated Clearing House (BACH) in a bid to help businesspeople settle their local export- and import-related transactions in a day instead of existing 7-10 days. The upgraded version, which will be called BACH II, is scheduled

Mobile cash jumps 47.0% in January Transactions through mobile phones rose 47.7% year-on-year to BDT 167.4 billion in January thanks to increased economic activities at the grassroots level, according to Bangladesh Bank data. The amounts were BDT 113.3 billion in January last year and BDT 71.5 billion in the same

Testing year for banks The year 2016 witnessed an intense competition among banks in terms of rates, but it was a boon for the clients as they got improved services and better facilities at costs lower than before. Increasing off-shore borrowing by reputed local business houses has reduced banks’ scope

BB to ask BTRC to set logical price of USSD, SMS Bangladesh Bank will request the Bangladesh Telecommunication Regulatory Commission to take initiative to set a logical price of unstructured supplementary service data (USSD) and short message service (SMS) for facilitating banks’ mobile financial services.The central bank will place the