As an initiative to increase liquidity in the foreign exchange market, the existing band for interbank foreign exchange transactions has been increased from 1 percent to 2.5 percent. As a result of this new decision, the price of the dollar will increase from 118 taka to 120 taka. In the previous crawling peg system, the intermediate price of the dollar was Tk 117, which was traded at Tk 118, one Tk higher.
Sunday (August 18) chief adviser. Governor of Bangladesh Bank with Muhammad Yunus. This decision was taken in a meeting of Ahsan H. Mansoor.
It is said that a circular will be issued from the central bank in this regard.
This rate will be effective from the day the circular is issued.
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