Taka

Trade in rupee to save at least Tk 1 per dollar: EBL CEO

Trade settlement in rupee between India and Bangladesh would reduce pressure on US dollars and save at least Tk 1 on the exchange cost of each greenback, said Ali Reza Iftekhar, managing director and CEO of Eastern Bank Ltd (EBL).

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.

Humour / I am a 1000 taka note and I feel unwanted

Unlike most of you, I don’t have the luxury of determining my self-worth.

US dollar more expensive against taka

The US dollar became more costlier yesterday as the local currency depreciated once again in the inter-bank platform. 

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.

Banks asked to convert export proceeds into taka immediately

Bangladesh Bank has asked banks to convert major export earnings of businesses into taka immediately as it looks to increase the supply of US dollars in the economy.

Taka may be weakened further

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.

Taka suffers steepest fall in a decade

The taka yesterday lost 0.91 per cent in value against US dollars, the sharpest single-day fall in the past one decade, amid the falling supply of the American greenback against surging demand to settle import bills.

July 9, 2023
July 9, 2023

Trade in rupee to save at least Tk 1 per dollar: EBL CEO

Trade settlement in rupee between India and Bangladesh would reduce pressure on US dollars and save at least Tk 1 on the exchange cost of each greenback, said Ali Reza Iftekhar, managing director and CEO of Eastern Bank Ltd (EBL).

February 2, 2023
February 2, 2023

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.

September 11, 2022
September 11, 2022

I am a 1000 taka note and I feel unwanted

Unlike most of you, I don’t have the luxury of determining my self-worth.

June 29, 2022
June 29, 2022

US dollar more expensive against taka

The US dollar became more costlier yesterday as the local currency depreciated once again in the inter-bank platform. 

June 13, 2022
June 13, 2022

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.

May 30, 2022
May 30, 2022

Banks asked to convert export proceeds into taka immediately

Bangladesh Bank has asked banks to convert major export earnings of businesses into taka immediately as it looks to increase the supply of US dollars in the economy.

May 27, 2022
May 27, 2022

Taka may be weakened further

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.

May 17, 2022
May 17, 2022

Taka suffers steepest fall in a decade

The taka yesterday lost 0.91 per cent in value against US dollars, the sharpest single-day fall in the past one decade, amid the falling supply of the American greenback against surging demand to settle import bills.