Money Market
In the Treasury bill auction held on Sunday, bid for BDT 4,818.00 million was accepted, compared with total of BDT 6,738.00 million in the previous week's did. Weighted average yields remained at the same level.

Overnight call money rate was flat and range-bound throughout the week. Most of the time, overnight call money rate ranged between 10.00 and 12.00 percent.

International FX Market
During the beginning of the week, the yen extended recent gains to a one-month high against the dollar and a six-week peak versus the euro as expectations rose that Japan will soon end its ultra-easy monetary policy and eventually raise interest rates. Japanese Economics Minister Kaoru Yosano said on Sunday it was up to the BOJ to decide when the time was ripe to end its easy policy, raising speculation that the government -- which long warned against a premature shift -- is now supporting the move. The market is eyeing Friday's release of core consumer price data -- a key benchmark for monetary policy -- which is seen up 0.4 percent from a year earlier. This would be the highest since early 1998 and provide the latest evidence of the economy pulling free from nearly a decade long deflation. The dollar was also firm, hitting a two-month high against the euro and a three-month peak versus the Swiss franc.

The dollar moved lower against most major currencies during middle of the week after weak US economic data on Tuesday, while the euro found support from news that the euro zone's manufacturing sector grew at its fastest pace in 19 months.

- Standard Chartered Bank