dollar price

Dollar steady with US inflation, Fed meeting eyed; yuan heavy

The dollar started Monday on the front foot, with a reading on US inflation and the Federal Reserve's last policy meeting for the year likely to set the tone for the week, while rising deflationary pressure in China leant on the yuan.

Dollar price falls in kerb market

It dropped to as low as Tk 123 this evening

Dollar holds near 6-month peak on global growth fears

The dollar held close to a six-month peak as jitters over China and global growth weighed on risk appetite, while the yen strengthened as Japan's top currency diplomat sent a warning about the currency after it earlier dropped to a 10-month low.

Dollar wobbles as investors ponder 'higher for longer' rate path

The dollar eased from a 12-week peak on Monday as traders weighed the US monetary path after Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the yen hovered close to its lowest in over nine months.

Dollar on guard as US inflation test looms

The dollar was on the defensive on Monday after a mixed US jobs report provided little directional conviction and as market focus turned to inflation data from the world's two largest economies due this week.

Dollar wobbles after US credit rating downgrade

The dollar struggled to make headway on Wednesday after a cut on the US government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data.

Exclusive: Russian banker Kostin says the end of US dollar dominance is nigh

The end of the dominance of the US dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to its knees over Ukraine, one of Moscow's most powerful bankers told Reuters.

Dollar bears bide their time as US economic strength persists

The dollar is up 2.5 per cent from its recent low against a basket of currencies and stands near its highest level since March.

Why is the US dollar so strong again?

If investors agree on one thing this year, it's that the dollar is going to fall. That's made the greenback's 2 per cent bounce over the last month particularly confusing.

April 5, 2023
April 5, 2023

Dollar's crown to slip as peers catch up in rates race: Reuters poll

The US dollar will weaken against most major currencies this year as the interest rate gap with its peers stops widening, putting the currency on the defensive after a multi-year run, according to a Reuters poll of foreign exchange strategists.

April 4, 2023
April 4, 2023

Taka slips further as Bangladesh Bank sells USD at Tk 103

The taka has weakened further against the US dollar as the Bangladesh Bank has started selling the American greenback to banks at Tk 103.

March 27, 2023
March 27, 2023

Dollar steady as banking crisis fears keep investors jittery

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

March 23, 2023
March 23, 2023

Dollar slips as Fed outlook shifts

The dollar was under pressure near seven-week lows on Thursday after the US Federal Reserve sounded close to calling time on interest rate hikes, which markets think are more or less over.

March 8, 2023
March 8, 2023

India's oil deals with Russia dent decades-old dollar dominance

US-led international sanctions on Russia have begun to erode the dollar's decades-old dominance of international oil trade as most deals with India - Russia's top outlet for seaborne crude - have been settled in other currencies.

March 2, 2023
March 2, 2023

Taka depreciates further; Bangladesh Bank sells USD at Tk 102

Bangladesh Bank yesterday depreciated the taka further by selling the local currency to banks at Tk 102 for a dollar.

February 20, 2023
February 20, 2023

Dollar steady as robust US data keep Fed hawks in control

The greenback firmed slightly against most major currencies in Asia trade, sending sterling 0.06 per cent lower to $1.2035

January 4, 2023
January 4, 2023

Bangladesh Bank sells dollar at Tk 100 for first time

The dollar selling rate of the Bangladesh Bank went up to Tk 100 for the first time as it sold $78 million greenbacks to banks yesterday to help settle import payments, a central bank official said.

December 29, 2022
December 29, 2022

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

October 3, 2022
October 3, 2022

Stocks tumble, oil jumps in shaky start to fourth quarter

The final quarter of the year got off to a shaky start on Monday, with world stocks languishing at their lowest levels since late 2020 - when the global economy was still reeling from the COVID-19 pandemic.