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BB raises USD rate to Tk106

Staff Correspondent
01 Jun 2023 21:28:19 | Update: 01 Jun 2023 21:59:00
BB raises USD rate to Tk106

The Bangladesh Bank on Thursday raised the USD rate to Tk 106.

The central bank on the day sold $45 million from its reserve at the rate of Tk 106 per USD, which was at Tk 104.50 a day earlier, said a high official of BB.

From July to May 31 of this fiscal year, the BB sold near $13 billion to banks.

The foreign exchange reserves stood at $29.91 billion on May 31 due to the continuous USD selling spree of the central bank.

The forex reserves were at $42.20 billion at the same time last year. 

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