Bangladesh Bank sells another $20m to stabilize forex market
Amid growing concerns that the US dollar exchange rate could cross the Tk124 mark, Bangladesh Bank has sold $20 million from the country's foreign exchange reserves. The central bank sold this foreign currency to commercial banks on Monday, October 19, in an effort to keep dollar prices under control in the market. A senior official of Bangladesh Bank confirmed the matter to the media. This...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
