Bangladesh Taka has depreciated further by 50 paisa against the US dollar, thanks to the growing import payments creating a burden on importers but boosting export and remittance earnings.
The fresh depreciation takes place just four days after the local currency witnessed a slight appreciation on June 8.
On Sunday, the inter-bank exchange rate stood at Tk 92 per dollar, up from Tk 91.50 in the previous working day.
This is the 12th depreciation of Taka against the US dollar in 2022.
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On June 8, the local currency got stronger against the American greenback with an appreciation of Tk 0.50, for the first time in the last two years.
The inter-bank exchange rate stood then at Tk 91.50 per USD, down from Tk 92 recorded on June 7.
