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Dhaka, Bangladesh (BBN) – The ongoing deprecating mode of Bangladesh Taka (BDT) continued in both inter-bank foreign exchange (forex) market and customer level on Tuesday.
The US dollar was quoted at maximum BDT 79.77 against BDT 79.75 of the previous working day, treasury officials said.
On the other hand, the local currency also depreciated by nearly seven paisa against the US dollar at customer level on the same on the same ground.
The average exchange rate of the US dollar at customer level rose to BDT 80.8460 on Tuesday from BDT 80.7764 of the previous day.
“The depreciating mode of BDT may continue in the coming days due to higher demand for the greenback in the market for settlement of import-payment obligations,” a senior treasury official of a leading private commercial bank hinted.
On Monday, the US dollar was quoted at maximum BDT 79.75.
The US dollar was quoted at maximum BDT 79.72 on Sunday unchanged from the previous working level as Sunday was the weekend in international market.
On the last working day of the last week that means on Thursday, the US dollar was quoted at maximum BDT 79.71- BDT 79.72 during the evening trading.
BBN/SSR/AD