Dhaka, Bangladesh (BBN) – The exchange rate of Bangladesh Taka (BDT) depreciated by 15 paisa against the US currency at customer level on Monday for making import payments.
The exchange rate of the US dollar rose to BDT 83.35 for Bill for Collection (BC) selling on the day from BDT 83.20 of the previous working day, according to the market operators.
On the other hand, the BDT also deprecated slightly against the greenback on the same day for receiving inward funds, they added.
The banks quoted US dollar at BDT 82. 35 on the day against BDT 82.20 of the previous working day to the remitters for telegraphic transfer (TT) clean of their funds, they added.
However, the exchange rate of BDT remained unchanged against the US dollar in the inter-bank foreign exchange market on Monday.
The US dollar was quoted at BDT 82.88 unchanged from the previous level, the market operators added.
The market insiders said imports will be costlier in the near future following depreciation of the local currency, while remitters and exporters will be gained slightly.