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BB resumes selling of US$ to banks after month
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Dhaka, Bangladesh, Oct. 19 -- The central bank of Bangladesh has resumed providing foreign exchange (forex) support to banks through selling the US dollars to them in October after one month's interval, officials sad.
Under the move, the Bangladesh Bank (BB) has sold US$40 million to different commercial banks so far this month to meet the growing demand for the greenback in the forex market.
Of the amount, $10 million was sold on last Wednesday and Thursday (October 16 and 17), and the remaining $30 million was sold on October 07, according to the latest official figures.
Talking to the BBN, a BB senior official said the central bank has sold $10 million in two days of last week to a state-owned commercial bank (SoCB) at market rate t...
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