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Home Business & Economy

Breaking all records, the dollar is 119 taka in the open market

Trade

pobnews24 by pobnews24
August 10, 2022
in Business & Economy
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Breaking all records, the dollar is 119 taka in the open market
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POBNEWS24, Dhaka, Aug 10, 2022: Breaking all records, this is the first time in the country’s history that the dollar is being sold at Tk 119 in the open market. Ordinary customers get 115 to 116 taka if they sell dollars. If you want to buy, you have to pay 119 taka.

At the beginning of last May, this rate was 86 taka 45 paisa.

According to this, the value of rupee has decreased by 8 taka 55 paisa in the space of one and a half months. The dollar price was Tk 111 in the open market last Sunday as well.

Today, Wednesday (August 10), the information was obtained by talking to dollar traders and money exchange related staff in Kholabazar.

It has been found that there is a cash dollar shortage in most of the money exchanges. Buying more than selling. Money exchanges are buying dollars at 115-116 rupees but selling at 119 rupees. But there are no people to sell. Again, those who used to buy and sell dollars on the streets, fearing the raids of various law and order forces including the Central Bank, they are also doing direct buying and selling. Not only in the open market, but also in commercial banks, cash dollars are being sold above 108 to 110 taka.

Open market dollar sellers say there is a shortage of cash dollars in most money exchanges. Buying more than selling.

Vendors said that those who used to buy and sell dollars on the streets, fearing raids by the central bank and law enforcement agencies, are not doing direct trading.

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