Bankers have decided to increase the exchange rate of dollars for both remittances and exports by Tk1.
Now they’ll offer Tk108 per dollar to migrant workers and non-resident Bangladeshis.
Until yesterday, banks officially bought a greenback at Tk 107.
The new rate will be effective from the next working day, said a banker who took part in the meeting of the Association of Bankers Bangladesh (ABB), and the Bangladesh Foreign Exchange Dealers’ Association (BAFEDA).
From the beginning of April, banks have been paying Tk104 for a dollar to exporters.
Earlier, in September last year, banks decided to offer Tk107 for a US dollar against remittances sent by Bangladeshi migrants abroad and Tk99 for the exporters.
The managing directors of the country’s public and private banks were present at the meeting.