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Taka further depreciates by 90 paisa against USD

Staff Correspondent
02 Jun 2022 20:12:41 | Update: 02 Jun 2022 20:23:59
Taka further depreciates by 90 paisa against USD
The local currency depreciated by 90 paisa against the USD further on Thursday — Reuters File Photo

The local currency depreciated by 90 paisa against the USD further on Thursday, thanks to the higher demand of the American greenback.

The inter-bank exchange rate stood at Tk89.90 per dollar on Thursday, up from Tk89 on Wednesday.

ALSO READ: Taka devalued again to tackle forex crisis

Besides, the exchange rate for settling import payment stands at Tk 91.95 per US dollar, said a high officials of the central bank.

The Bangladesh Bank on Thursday injected $135 million into the banking sector to stable the forex market.

ALSO READ: BB lifts uniform exchange rate for USD

From August to June of this fiscal year, the central bank injected over $6 billion into the market to stable the forex market.
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