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Interbank dollar exchange rate jumps to Tk 108.75

Dhaka, Thursday


31 October 2024


Business Insider Bangladesh

Interbank dollar exchange rate jumps to Tk 108.75

UNB || BusinessInsider

Published: 21:52, 23 May 2023  
Interbank dollar exchange rate jumps to Tk 108.75

Photo: Representational

The interbank exchange rate of the US dollar has jumped to Tk 108.75, amid the foreign exchange crisis in the country.

Banks traded a dollar between Tk 108.50 and Tk 108.75 on Monday, Bangladesh Bank data revealed.

The interbank exchange rate increased almost every working day this month. The rate was Tk 106.80 for a dollar on the interbank platform on May 1.

Bangladesh’s domestic currency is facing depreciation for the last year due to higher import payments and slower export earnings and remittance inflow.