The exchange rate of US dollar has hit a record of Tk 112 in the country`s kerb market, a nearly Tk 6 jump from a day earlier, the biggest single-day jump in the history of Bangladesh.
Common people counted Tk 107 to purchase each dollar from the kerb market on Monday. This means the greenback is appreciated around Tk 6 overnight.
The banks were selling a dollar at Tk 102.5 on Tuesday, which was Tk 0.5 higher than on Monday.
As exports and falling remittances have not been enough to fill in the gap created by the imports amid global price rises triggered by the Russia-Ukraine war, the taka has been losing its value against the dollar.
Some exchangers even said that they had to turn away customers because of the shortfall.
-cannot-influence-the-upazila-parishad-elections-(1)-20240507121623.jpg)
-20240507143830.jpg)
