Wednesday, 10th August, 2022

A US dollar now costs Tk 91.95

Tuesday, 07 June 2022 | 3:38 am | 64 times

A US dollar now costs Tk 91.95

The local currency depreciated further significantly on Monday (June 6) against the US dollar (USD) mainly due to higher demand for the greenback for settling import-payment obligations.

The US currency was quoted at Tk 91.95 against Tk 91.50 on the previous working day. It was Tk 89.90 on June 02.

Currently, the local currency is maintaining a depreciating mode against the US dollar mainly due to a higher outflow of foreign exchange following ‘hefty growth’ in import payments compared to the inflow in the last few months.


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