The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.
Bangladesh’s national currency may weaken further against the US dollar as the central bank has moved to restore stability in the foreign exchange market.
Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.
The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.
Bangladesh’s national currency may weaken further against the US dollar as the central bank has moved to restore stability in the foreign exchange market.
Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.
