Dollar price goes up again

Bangladesh Bank (BB) once again devalued taka against US dollar, raising the exchange value of the dollar by 25 paisa to Tk 94.70 a dollar.

The central bank sold 132 million dollars to the banks at the newly set price – which Bangladesh Bank calls interbank exchange rate.

Although the price has been fixed, dollar is not being exchanged in this price. There has been a gap of price of Tk 10 per dollar between the central bank and commercial banks in the country.

The exchange rate of US dollar in Dhaka's money exchanges and kerb markets has risen to Tk 105 on Monday from Tk 103.50-104 on Sunday.

Bangladesh Bank spokesperson Sirajul Islam confirmed the matter of taka depreciation to Prothom Alo.