The price of the Bangladesh Bank dollar has increased by a month and so now the dollar is being sold at 106 taka, a month ago it was 104 taka 50 patsa.
The new bids have been implemented since Thursday, and the central bank sold $45 million to the commercial banks at the new price.
According to sources, the cost of paying the import and foreign loans will increase as a result of the price of the central bank dollar. Because commercial banks buy dollars from central banks and pay imports and foreign loans.
Earlier on May 2, the central bank dollar was priced at 104 taka 50 pats in the price of the dollar. Before 2 May, they used to sell dollars at 103 rupees.
The commercial banks have also implemented the new prices on the dollar from Thursday. From that day, the export bill is one taka 107 and remittances are being bought at 108 taka per 50 ts.
Reserves have declined to $50 million in a week: The country's foreign exchange reserves have declined again in the last one week. In the last one week, the reserves fell to $50 million in the last one week. On Thursday, the reserves fell to $2,992 million. A week before, the reserves were $2,997 million. A week before, the reserves were more than the foreign exchange and the reserves were falling. The reserves were down to $31,228 million in the last year.
Remittances fell 10 percent in May of the current financial year, remittances sent by expatriates fell 10.27 percent in May. Last May, remittances came in $169 million in the same month of $188 million in the same month last year. Last April, remittances were $168 million in April.
Meanwhile, the pressure on the remittance commas reserves may further increase because the flow of dollars in the bank of the remittance will decrease.
