Bangladesh Bank has sold dollars from its reserves in several phases to meet market demand. However, central bank spokesperson Arif Hossain Khan said there is no intervention in the dollar market. At the same time, the regulatory authority has warned of taking action if there is any manipulation by banks.
The price of the dollar in interbank transactions is now close to Tk 125. On Sunday (November 15), each dollar was traded among banks at Tk 124.99. On the previous working day, Thursday afternoon, the price per dollar was Tk 124.86. That is, in the gap of one working day, the dollar price in the interbank market increased by 13 paisa.
Advertisement
Advertisement
Bangladesh Bank said extra pressure has been created in the dollar market due to increased government import costs and low remittance flow.
