Decision to reduce dollar price

The Association of Bankers Bangladesh (ABB) and the Bangladesh Foreign Exchange Dealers Association (Bafeda) have decided to reduce the buying and selling rates of the US dollar by Tk 0.25.

They took the decision at a joint meeting on Wednesday. The new rates will come into effective from 3 December.
Sources in ABB confirmed the news.

The dollar rate for exports and remittances has been set at Tk 109.75, and the rate for import settlement at Tk 110.25.

Earlier, on 22 November, the exchange rate was reduced by Tk 0.5 to Tk 110.50 per dollar on imports and Tk 110 on exports and remittances.