Dhaka, April 6 -- The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the central bank not to increase the exchange rate of the US dollar against the Taka as foreign exchange reserves have reached a "stable" level driven by the remittance inflow.

The request was made on Monday when an FBCCI delegation, led by the apex business body's administrator, Md Abdur Rahim Khan, met Bangladesh Bank Governor Md Mostaqur Rahman and placed 12 recommendations.

FBCCI Secretary General Md Alamgir later told reporters: "We've asked not to increase the exchange rate as there is no shortage of dollars. The value of the Taka should not be depreciated further."

Alamgir added that the governor had confirmed there is no shortage ...