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Taka depreciates 30 paisa more against USD

With the new depreciation, inter-bank exchange rate stood at Tk 92.80 per USD
Staff Correspondent
14 Jun 2022 18:10:20 | Update: 14 Jun 2022 18:23:43
Taka depreciates 30 paisa more against USD
— Reuters Photo

Bangladesh Taka has depreciated further by 30 paisa against the US dollar, owing to the growing import payments but boosting export and remittance earnings.

The fresh depreciation takes place just a day the local currency got weaker by 50 paisa more on Monday.

With the new depreciation, inter-bank exchange rate stood at Tk 92.80 per USD, down from Tk 92.50 recorded on the previous day.

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This is the 14th depreciation of Taka against the USD in 2022.

The central bank on the day sold $68 million to banks to meet the growing demand.

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