Dhaka, Bangladesh (BBN) – The exchange rate of Bangladesh Taka (BDT) remained stable against the US currency in early hour transactions on Monday in inter-bank foreign exchange (forex) market.
The US dollar was quoted at maximum BDT 79.15 unchanged from the previous level till the report was filed at 12:48 pm (local time).
“The local currency may depreciate further against the US currency in the coming days if the higher demand for the US currency in the market continues,” a senior treasury official of a leading commercial bank told BBN in Dhaka.
He also said the BDT also deprecated slightly against the US dollar at customer level on Sunday following higher demand for the greenback to settle import payment obligations.
The average exchange rate of the US dollar at customer level rose to BDT 79.8435 on the day from BDT 79.8390 of the previous day.
BBN/SSR/SK