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DIBOR closes with overnight 3.83pc

FE Online Report | Published: August 27, 2017 10:09:22 | Updated: October 18, 2017 00:59:41


A Pubali Bank Limited logo is pictured at the headquarters of the state-owned bank at Motijheel, the bustling commercial hub, in capital Dhaka. FE Photo

Inter-bank money market in Dhaka has closed the day trading with 3.83pc overnight Dhaka Inter-Bank Offer Rate (DIBOR), according to Bangladesh Foreign Exchange Dealers’ Association (BAFEDA).

It also showes that one-week DIBOR closes at 4.32 per cent on Sunday while one-month rate stands at 5.15 per cent and three-month rate 6.61 per cent.

 BAFEAD regularly provides the DIBOR which is considered as the benchmark or reference rate for the inter-bank money market transaction.

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