Wednesday, 10th August, 2022

Central Bank sets uniform dollar rate

Monday, 30 May 2022 | 5:04 am | 79 times

Central Bank sets uniform dollar rate

Bangladesh Bank (BB) has set a uniform dollar-taka exchange rate for international trade to curb currency volatility. From now on, a US dollar will be sold at Tk 89 in the interbank currency market. The selling rate of Bills for Collection (BC) has been set at Tk 89.15. Banks will follow this rate while selling dollars to importers.

Bangladesh Bank spokesman and Executive Director Serajul Islam has confirmed the information Sunday (May 29).

He said the selling rate for interbank currency market has been fixed at Tk 89 per dollar while the BC selling rate Tk 89.15. The exchange houses will sell dollars with a combination of these two rates. The rate has been fixed as per the proposal of Bangladesh Foreign Exchange Dealer’s Association (BAFEDA) and Association of Bankers, Bangladesh (ABB), an organization of top officials of the bank.

Facebook Page