dollar exchange rate
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.
Taka falls against USD once again
The taka yesterday depreciated against the US dollar, hitting Tk 96 on the interbank platform as the central bank moved to allow the market forces to determine the exchange rate of the national currency.
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.
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.
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.
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.
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.
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.
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.
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.
