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Bangladesh Bank orders removal of treasury chiefs of six banks amid dollar crisis

Bangladesh Bank orders removal of treasury chiefs of six banks amid dollar crisis
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Serajul islamBangladesh bankTaka dollar rateDollar hoardingMarket manipulationDollar crisisTreasury chief

Open market dollar price hits all time high at Tk115

Open market dollar price hits all time high at Tk115

Serajul islamBangladesh bankDollar price

Interbank dollar exchange rate rises to Tk94 95

Taka was devalued further by Tk0.30 against the US dollar to Tk95 on Monday (8 August).  Bangladesh Bank sold dollars from reserves to state-owned banks at this rate. Till Sunday, the rate was Tk94.70 which was fixed on 25 July.  Bangladesh Bank spokesperson Md Serajul Islam confirmed the development to the media. Meanwhile, the central bank sold $139

Serajul islamBangladesh bank

Dollar crisis: BB orders removal of 6 banks treasury chiefs

The Bangladesh Bank has ordered the removal of treasury chiefs of six banks after finding evidence against them of making higher profits in trading dollars.  The treasury chiefs also inflated the greenback rate by preserving dollars more than required, claimed the central bank. "Bangladesh Bank has directed the banks' authorities to take necessary action against the

Serajul islamBangladesh bankBusiness standard monday

Dollar hits record Tk 115 on kerb market

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs

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