Bangladesh could soon start trading with India using rupee instead of US dollar, trial for which has been done by Bangladesh Bank recently. The ministry of commerce has placed a written recommendation at the last cabinet meeting regarding the possibility and opportunity of using rupee instead of dollar. Currently Bangladesh exports goods
Tag: USD
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
Banks sell dollar at Tk 99 amid growing demand
Two held with 2.30 lakh USD at Dhaka airport
Two persons, including a Turkish national, have been detained at Shahjalal International Airport for allegedly trying to smuggle out 2.30 lakh US dollars, Customs officials said Thursday. Tipped off, a Customs team detained 42-year-old Turkish national, identified as Mehmet Remzi Calik, as he was passing through boarding bridge No 10 around
Taka devalued against greenback again
BB struggles to meet growing demand for USD
Bangladesh Bank (BB) is struggling to meet growing demand for the US dollar amid a sharp rise in post-pandemic economic activities. The number of credit bonds or LCs for importing goods is increasing unusually. In the first nine months of the current FY 22 (July-March), traders have opened LCs worth