dollar exchange rate

BB lets bankers offer existing dollar rate to exporters

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.

Why do people stash dollars under pillows?

It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.

Strengthening taka leaves no impact on forex market

Association of Bankers, Bangladesh (ABB) decided to sell each US dollar at Tk 110.50 to importers and buy it at Tk 110 from exporters and remitters

Bankers' decision to appreciate taka draws mixed reactions

Bankers today decided to appreciate the taka against the US dollar by Tk 0.50 from tomorrow as they observed an improvement in the overall current account balance, which records the nation's transactions with the rest of the world

Banks to appreciate taka against US dollar

Banks will buy dollar at Tk 110, sell at Tk 110.5 from Nov 23

Market has unofficial inter-bank exchange rates now: PRI

The Policy Research Institute of Bangladesh says in a press briefing

Tk 111 a dollar for import remains only on paper

Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.

Exporters will now get Tk 104 for every dollar: banks

Commercial banks raised the exchange rate as part of efforts to establish a single exchange rate

LIVE UPDATE: ‘Make dollar exchange rate free for Bangladesh’

The exchange rate of dollar needs to be freed to make the garment business profitable at this crisis time, said a top leader of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today.

August 10, 2022
August 10, 2022

Dollar price jumps to Tk 119 in kerb market

The exchange rate of the US dollar jumped to Tk 119 in the kerb market in Bangladesh today.

August 10, 2022
August 10, 2022

Dollar edges higher as traders await US inflation report

The safe-haven dollar edged higher on Tuesday, erasing earlier losses as risk appetite dwindled ahead of key inflation figures that could offer clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September.

June 13, 2022
June 13, 2022

Taka falls again, 1 USD now Tk 92.5

The local currency today depreciated further against the US dollar, hitting Tk 92.50 for each greenback in the interbank platform.

June 8, 2022
June 8, 2022

Taka loses further ground vs dollar

The local currency yesterday depreciated further against the US dollar, hitting Tk 92 for each greenback in the interbank platform.

June 7, 2022
June 7, 2022

Taka falls for 11th time, 1 USD now Tk 92

The local currency today depreciated further against the US dollar, hitting Tk 92 against each green back in the interbank platform.

June 6, 2022
June 6, 2022

Taka falls further, $1 now Tk 91.95

The local currency of Bangladesh fell by Tk 2.05 in the last two days in its value to Tk 91.95 against the US dollar.

May 23, 2022
May 23, 2022

8 things the government can do to stabilise the dollar rate

Exchange rate management is an important task for the central bank. In Bangladesh, though the central bank follows a floating exchange rate, it manages the foreign exchange market through intervention.

May 17, 2022
May 17, 2022

Dollar exchange rate shoots past Tk 100 for the first time in Bangladesh

Volatility in the foreign exchange market intensified today amid a scarcity of the American greenback, forcing travellers to spend as high as Tk 102 to buy a US dollar from banks, the highest in Bangladesh.

January 10, 2022
January 10, 2022

Taka hits 86 against dollar for first time

Bangladesh Bank yesterday devalued the taka against the US dollar to a large extent in order to tackle pressure stemming from an increase in import payments and give encouragement to remitters.

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