[Banks have hiked the rate for purchasing dollars from exporters by nearly 1 per cent or Tk 1 to Tk 103 to reduce the gap in the exchange rates and gradually move towards a single rate in the forex market, according to a decision taken among bankers today.
The dollar selling rate of the Bangladesh Bank went up to Tk 100 for the first time as it sold $78 million greenbacks to banks yesterday to help settle import payments, a central bank official said.