Taka

Why is the dollar rate rising?

The average exchange rate of the US dollar in the interbank foreign exchange market rises to Tk 123.38 on Thursday from Tk 122.75 on Jun 24

‘Intervention’ in dollar market to boost reserves: BB

The central bank says it took the decision as remittance inflows are good and there isn’t any additional pressure on foreign loan payments

BB buys dollars as taka slips

Yet just a week ago, the central bank said there was no “pressure” on the exchange rate of the taka

BB tightens watch as taka slips against dollar

Bangladesh Bank ready to sell up to $200 million to steady market, a senior official says

BB buys another $123mn to steady exchange rate

It has bought $1.448 billion in February alone

BB buys dollars at auction

A senior bank official says the central bank bought at Tk 121.50, though most banks offered Tk 120

What’s driving the dollar down?

Despite the move to market-based exchange rates, Bangladesh’s main foreign currency has dipped in value

New taka notes released

Gulistan is flooded with new currency notes ahead of Eid-ul-Azha, this time with a slight difference. Bangladesh Bank has issued new notes without the image of Bangabandhu Sheikh Mujibur Rahman. Even though there are not enough new notes in the bank, they are being sold at high prices in the currency note exchange markets.

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