Dollar rate: BB governor to hold meeting with bank MDs Thursday

Bangladesh Bank

Bangladesh Bank (BB) Governor Fazle Kabir will have a meeting with the managing directors (MDs) of commercial banks on the volatile dollar.

The meeting will be held Thursday, Sirajul Islam, spokesperson and executive director of the central bank, told UNB Wednesday.

"The governor will hold a meeting with leaders of the Association of Bankers Bangladesh (ABB) Thursday to discuss the overall forex market situation."

The meeting will look into why the banks are selling dollars at higher rates than the inter-bank exchange rates.

Other issues in the banking sector can also be discussed, Sirajul said.