Money Market
In the Treasury bill auction held on Sunday, bid for BDT 10,837.00 million was accepted compared with total of BDT 5,589.00 million in the previous week's bid. Weighted averages yield was almost unchanged.

Call money rate was on a decreasing trend this week. Call money rate was around 7.00-8.00 percent in the beginning of the week. The rate eased and ended the week at around 5.50-6.50 percent.

International FX Market
The euro rose against the dollar on Monday as investors heaved a sigh of relief on news that Angela Merkel will head Germany's next government under a deal struck with Chancellor Gerhard Schroeder's Social Democrats. Senior political sources told Reuters that Schroeder's SPD party is poised to get the foreign, finance, justice and labor ministries in the new grand coalition with Merkel's Christian Democrats (CDU). The move is set to end three weeks of political stalemate since inconclusive elections last month. The euro was up by 0.23 percent against the dollar and gained 0.12 percent versus the yen. Dollar gains registered after last weeks' US jobs report were capped by the view that rate rises in Europe and Asia would eventually diminish its yield advantage.

-- Standard Chartered Bank