Overnight DIBOR drops marginally

FE Online Report | Published: August 12, 2020 17:42:16 | Updated: August 12, 2020 19:30:21

Dhaka Inter-bank Offered Rate (DIBOR) on overnight basis declined slightly to 4.15 per cent on Wednesday from 4.45 per cent on Monday. Tuesday was a government holiday.

Bangladesh Foreign Exchange Dealer's Association (BAFEDA) releases the DIBOR regularly on overnight, weekly, monthly and quarterly (three-month) basis.

It showed that DIBOR on weekly, monthly and quarterly basis almost remained unchanged on Wednesday at 5.02 per cent, 6.11 per cent and 7.20 per cent respectively.