US dollar rate

BB lets bankers offer existing dollar rate to exporters

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.

Dollar Rate Manipulation / Treasury heads of 10 banks face fine

The banks are: Social Islami Bank, Al-Arafah Islami, Mercantile, Modhumoti, Midland, Brac, Exim, Premier, Shahjalal Islami and Trust.

Weekly Interview / ‘Wide gap in exchange rates hurts remittance’

Beneficiaries of wage earner remitters receive a 2.50 percent cash incentive on top of the market-determined exchange rate for any amount of remittance inflow.

Banks move away from multiple exchange rates

Banks in Bangladesh have decided to enforce a uniform exchange rate of the US dollar from next week with a view to moving away from multiple prices of the American greenback blamed for the ongoing foreign currency instability.

Dollar kerb market heats up again

The exchange rate gap in the official and unofficial channels in Bangladesh has started to widen after a few months of lull as the US dollar is getting costlier in the informal market, a development that may adversely impact the remittance flow.

Exporters to get Tk 108.5 for a dollar from Aug 1

The rate will be Tk 109 for the remitters

Bafeda refixes dollar rates

Banks in Bangladesh today refixed the rates at which they would buy US dollars from exporters and foreign exchange houses that mobilise remittances from migrant workers.

Foreign funds in stocks flying off amid forex worries

Foreign investors in Bangladesh’s stock market are selling shares en masse as the local currency’s depreciation against the US dollar coupled with various policy changes over the past few years has lowered their confidence in securing adequate returns. 

May 20, 2024
May 20, 2024

BB lets bankers offer existing dollar rate to exporters

In its effort to arrest the fall in forex reserves and bring unrealised export proceeds into the country, the Bangladesh Bank today allowed bankers to offer the existing US dollar exchange rate to exporters.

October 1, 2023
October 1, 2023

Treasury heads of 10 banks face fine

The banks are: Social Islami Bank, Al-Arafah Islami, Mercantile, Modhumoti, Midland, Brac, Exim, Premier, Shahjalal Islami and Trust.

October 1, 2023
October 1, 2023

‘Wide gap in exchange rates hurts remittance’

Beneficiaries of wage earner remitters receive a 2.50 percent cash incentive on top of the market-determined exchange rate for any amount of remittance inflow.

September 1, 2023
September 1, 2023

Banks move away from multiple exchange rates

Banks in Bangladesh have decided to enforce a uniform exchange rate of the US dollar from next week with a view to moving away from multiple prices of the American greenback blamed for the ongoing foreign currency instability.

August 29, 2023
August 29, 2023

Dollar kerb market heats up again

The exchange rate gap in the official and unofficial channels in Bangladesh has started to widen after a few months of lull as the US dollar is getting costlier in the informal market, a development that may adversely impact the remittance flow.

July 31, 2023
July 31, 2023

Exporters to get Tk 108.5 for a dollar from Aug 1

The rate will be Tk 109 for the remitters

October 23, 2022
October 23, 2022

Bafeda refixes dollar rates

Banks in Bangladesh today refixed the rates at which they would buy US dollars from exporters and foreign exchange houses that mobilise remittances from migrant workers.

September 20, 2022
September 20, 2022

Foreign funds in stocks flying off amid forex worries

Foreign investors in Bangladesh’s stock market are selling shares en masse as the local currency’s depreciation against the US dollar coupled with various policy changes over the past few years has lowered their confidence in securing adequate returns. 

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