Central bank sets remittance dollar purchase rate at Tk 123

Headline

Central bank sets remittance dollar purchase rate at Tk 123

National Desk : | ০৪:৪৫ পিএম, ২০২৪-১২-২৫

Other banks have been directed by the Bangladesh Bank (BB) to buy remittance dollars at a maximum rate of Tk 123 per dollar.
The directive was given during a Tuesday meeting with 13 commercial banks at the BB headquarters in Dhaka.
In response to a question, the deputy managing director of a major private commercial bank (PCB) informed the FE, "We've been instructed to buy remittance dollars at a maximum rate of Tk 123."

The rate of remittance dollars may drop much more in the near future, according to a different deputy managing director of a PCB. The recent volatility in the nation's foreign currency market was a factor in the BB's most recent action.

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