Bangladesh, Aug. 17 -- Bangladesh currency gains some strength as the taka-Dollar exchange rate dropped significantly now amid lower demand for the American greenback, giving some coveted relief to importers, officials and bankers said.Mathematics

Advertisement Riding on higher exchange rate caused by demand spikes to settle government imports later last month, they noted, remitters sent home a significant sum of foreign currencies while export receipts were also on an upturn.

As a matter of fact, according to them, the foreign-exchange netting by commercial banks was enhanced significantly by end of July last. But the demand plummeted after government import settlement from early this month, which caused the exchange rate drop by more...