A bank is now paying at least Tk118 to purchase a US dollar from another bank as the rate reaches the highest level since 8 May when Bangladesh Bank relaxed control on foreign currency transactions. The dollar rate hit Tk118 on Thursday, rising by Tk0.5 in 24 hours, as per central
Tag: Dollar rate
Bangladesh slashes dollar rates by Tk 0.5
For the first time since August 2021, banks and foreign currency dealers have increased the value of the Bangladesh Taka against the US Dollar in response to the rapid devaluation of the local currency. In an emergency meeting with the Bangladesh Bank on Wednesday, the Bangladesh Foreign Exchange Dealers Association and
Dollar rate for exporters raised to Tk107.50
The Bangladesh Foreign Exchange Dealers' Association (Bafeda) raised the dollar rate for exporters by Tk0.5 to Tk107.50. The decision was announced during a meeting on Monday (26 June). The remittance rate was kept unchanged at Tk108.50. According to the existing rule, banks are asked to sell dollars by adding a maximum of Tk1