foreign exchange rate
DOLLAR SHORTAGE / Let taka depreciate further: economists
As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.
How the dollar crisis is increasing burden for int'l students
The shortage of dollars has made it enormously expensive to buy the currency for int'l students.
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.
PRIVATE SECTOR / Dollar loan repayment gets costlier as taka slides
The finance costs have at least doubled for the firms that have taken on dollar-denominated loans from external sources owing to the depreciation of the Bangladeshi taka against the American greenback.
Forex market volatility deepens
Volatility in the country’s foreign exchange market has intensified once again as Bangladesh Bank has commenced tinkering with the exchange rate of the taka against the US dollar.
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.
Let taka depreciate further: economists
As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.
How the dollar crisis is increasing burden for int'l students
The shortage of dollars has made it enormously expensive to buy the currency for int'l students.
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 loan repayment gets costlier as taka slides
The finance costs have at least doubled for the firms that have taken on dollar-denominated loans from external sources owing to the depreciation of the Bangladeshi taka against the American greenback.
Forex market volatility deepens
Volatility in the country’s foreign exchange market has intensified once again as Bangladesh Bank has commenced tinkering with the exchange rate of the taka against the US dollar.
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.