Dhaka, Bangladesh (BBN)- The Bangladesh Bank (BB) has sold US$6.0 million to a private commercial bank (PCB) to help settling import payment obligations, officials said.
“We’ve sold $6.0 million at market rate to a PCB on Monday to settle import payments,” a BB senior official told BBN in Dhaka on Tuesday without elaborating.
The US dollar was quoted at BDT 79.52 in the inter-bank foreign exchange market on the day against BDT 79.59 of the previous working day, market operators said.
Earlier on March 02, the central bank similarly sold $15 million to a state-owned commercial bank directly on the same ground.
Besides, the exchange rate of greenback for BC (bills for collection) selling rose to BDT 80.4113 on Monday from BDT 80.3714 of the previous working day, according to the market operators.
“The exchange rate of US dollar at customer level has increased in the recent days due mainly to higher demand for the greenback to settle payment obligations,” a senior official of a leading commercial bank explained.