taka dollar

June 12, 2022
June 12, 2022

Increased purchase price of oil, LNG putting negative impact on forex reserves: Momen

Foreign Minister AK Abdul Momen today told parliament that the increased purchase price of oil and LNG is putting a negative impact on foreign exchange reserves.

June 7, 2022
June 7, 2022

Taka falls for 11th time, 1 USD now Tk 92

The local currency today depreciated further against the US dollar, hitting Tk 92 against each green back in the interbank platform.

May 29, 2022
May 29, 2022

Taka depreciates again: USD 1 now Tk 89

The Bangladesh Bank today depreciated taka by 1.25 per cent to Tk 89 per US dollar hours after banks suggested depreciating the local currency by Tk 2.

May 23, 2022
May 23, 2022

8 things the government can do to stabilise the dollar rate

Exchange rate management is an important task for the central bank. In Bangladesh, though the central bank follows a floating exchange rate, it manages the foreign exchange market through intervention.