US dollar

November 5, 2022
November 5, 2022

Govt should restore discipline in banking sector: FBCCI president

The government should restore discipline in the banking sector as some banks made abnormal profits by selling US dollars cashing in on the exchange rate volatility, FBCCI President Md Jashim Uddin said today.

October 22, 2022
October 22, 2022

Oil prices settle up; China demand hopes outweigh recession worry

Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening US dollar outweighed concern about a global economic downturn and the impact of interest rate rises on fuel use.

September 23, 2022
September 23, 2022

Govt’s foreign loans: Weak taka makes repayment costlier

The government’s foreign debt repayment has become costlier owing to the sharp depreciation of the taka against the US dollar in recent months.

August 8, 2022
August 8, 2022

Three ways a strong dollar impacts emerging markets

The US dollar is on a tear, strengthening around 11 per cent since the start of the year and – for the first time in two decades – reaching parity with the Euro. 

August 4, 2022
August 4, 2022

Businesses for using multiple currencies

Bangladesh should cut its over-reliance on the US dollar and increase the use of other currencies such as the Chinese renminbi (RMB) in international trade to ease pressure in the foreign currency market, businesses said. 

August 4, 2022
August 4, 2022

How dollar became global reserve currency

The Second World War changed almost everything in the world. Or in short, we can also say that after WWII, the world changed in a way it had not changed for many years.

July 6, 2022
July 6, 2022

Bangladesh Bank toughens rules further to curb imports

In an effort to keep the foreign exchange reserves stable, the Bangladesh Bank yesterday asked banks to take up to 100 per cent of import payments in advances from businesses while opening letters of credit (LCs) for luxury and non-essential items. 

June 29, 2022
June 29, 2022

US dollar more expensive against taka

The US dollar became more costlier yesterday as the local currency depreciated once again in the inter-bank platform. 

June 13, 2022
June 13, 2022

Taka falls again, 1 USD now Tk 92.5

The local currency today depreciated further against the US dollar, hitting Tk 92.50 for each greenback in the interbank platform.

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.