Profit from dollar sales
How much profit banks make from dollar sales?
Banks can make a maximum profit of Tk 1 by selling each US dollar -- such a rule was already there. But the importers and exporters are saying that the banks are making a profit of around Tk 15-20 per dollar. In this situation, Bangladesh Bank has again instructed banks to keep the dollar sale profit margin to a maximum of Tk 1. But why did this situation arise, why did the banks have to be reminded of the rules again and what steps the central bank are taking now to keep the dollar market stable?
How much profit banks make from dollar sales?
Banks can make a maximum profit of Tk 1 by selling each US dollar -- such a rule was already there. But the importers and exporters are saying that the banks are making a profit of around Tk 15-20 per dollar. In this situation, Bangladesh Bank has again instructed banks to keep the dollar sale profit margin to a maximum of Tk 1. But why did this situation arise, why did the banks have to be reminded of the rules again and what steps the central bank are taking now to keep the dollar market stable?
