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.

September 28, 2022
September 28, 2022

Dollar marches to new 20-year high

Nervous financial markets propelled the safe-haven dollar to a two-decade peak on Wednesday as rising global interest rates fed recession worries, while sterling drifted lower after the latest warnings about Britain's radical tax cut plans.

September 26, 2022
September 26, 2022

Dollar made a bit cheaper for importers

Banks today refixed the rate at which they would buy US dollars coming in through foreign exchange houses in the form of remittance.

September 19, 2022
September 19, 2022

Dollar off 20-year peak as Fed headlines big central bank week

The dollar lingered near a two-decade top on major peers on Monday, ahead of a week loaded with market holidays and central bank decisions from Washington to London and Tokyo.

September 11, 2022
September 11, 2022

Banks finally fix uniform rates for dollar

Banks yesterday fixed the buying and selling rates of the US dollar in order to contain the volatility in the foreign exchange market resulting from higher imports than export and remittances earnings. 

August 10, 2022
August 10, 2022

''BPC's Tk 48,000cr profit overstated; now to make Tk 205cr per month"

After the latest fuel price hike, Bangladesh Petroleum Corporation will make a profit of Tk 205 crore per month, provided that the dollar price continues at the rate of July.

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.

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