Dhaka, Bangladesh (BBN) - The exchange rate of Bangladesh Taka (BDT) depreciated by maximum three paisa against the US currency in evening transactions on Monday in inter-bank foreign exchange (forex) market.
The US dollar was quoted at maximum BDT 78.96 – BDT 78.98 against BDT 78.95 of the previous working day.
“The local currency depreciated by maximum three paisa against the US currency due to higher demand for the greenback in the market,” a senior treasury official of a leading commercial bank told the BBN in Dhaka Monday evening.
“The Bangladesh Taka may further depreciate tomorrow,” the treasury official hinted.
BBN/SSR/AD