USD soars to Tk 112 in kerb market

Frantic buying, syndicate, rising import price blamed The exchange rate of US dollar jumped to Tk 112 in the unofficial (kerb) market on Tuesday prompting the worst-ever slide of the Bangladeshi currency against greenback. Traders of the kerb market, where out-of-bank cash dollars are sold and bought, told The News Times that

Taka devalued against greenback again

BB sets exchange rate of USD at Tk89 The Bangladesh currency was further weakened by Tk1.10 against a US dollar as Bangladesh Bank (BB) on Sunday set the inter-bank exchange rate of the greenback Tk89. The rate in case of the bills of collection (BC) or import was set at Tk89.15, to