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Bangladesh Bank sells another $20m to stabilize forex market

Amid growing concerns that the US dollar exchange rate could cross the Tk124 mark, Bangladesh Bank has sold $20 million from the country's foreign exchange reserves. The central bank sold this foreign currency to commercial banks on Monday, October 19, in an effort to keep dollar prices under contro

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  • Dhaka Tribune Independent
    Kazi Group · corporate

    Amid growing concerns that the US dollar exchange rate could cross the Tk124 mark, Bangladesh Bank has sold $20 million from the country's foreign exchange reserves. The central bank sold this foreign currency to commercial banks on Monday, October 19, in an effort to keep dollar

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