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The Federal Reserve s dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenback’s decline. ....
When the US dollar dropped from its high levels in early trade on Monday, the rupee increased 16 paise to 82.66. Forex traders claimed that the local currency also received some support from low crude oil prices. The local unit started off at the interbank foreign exchange at 82.69 compared to the dollar before moving up and touching 82.66, recording a gain of 16 paise from ....
The dollar rose slightly on Friday, maintaining some momentum after jumps in the previous session after a series of decisions by central banks in Europe. The ri ....
Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality. ....