BB resumes dollar sales after 14 months
Bangladesh, Sept. 16 -- Bangladesh Bank (BB) has resumed selling US dollars to the market after more than 14 months to meet rising demand and stabilise the foreign exchange market.
The central bank sold $11.50 million to six banks yesterday, officials said.
Today, the weighted average interbank exchange rate stood at Tk 123.35 per dollar, up from Tk 123.20 a day earlier, according to BB data.
There is a slight uptick in dollar demand in the foreign exchange market due to growing import payments amid rising global oil prices.
The US-Israel's war on Iran has pushed up fuel prices globally, with Brent crude futures rising 1.3 percent to $107.05 a barrel on Tuesday.
BB data showed that import bills rose 8.6 percent year-on-year to $6.44...
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