Taka exchange rate
Buying vs selling dollars: What should we do?
The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.
Taka may be weakened further
Bangladesh’s national currency may weaken further against the US dollar as the central bank has moved to restore stability in the foreign exchange market.
Time running out to devalue taka sharply
Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.
Buying vs selling dollars: What should we do?
The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.
Taka may be weakened further
Bangladesh’s national currency may weaken further against the US dollar as the central bank has moved to restore stability in the foreign exchange market.
Time running out to devalue taka sharply
Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.
