Dhaka, July 15 -- Bangladesh taka (BDT) depreciated by nearly 50 paisa against the US dollar Monday as regulatory backup to the falling greenback balanced the exchange-rate reversal of the previous working day.

The reference rate in the US currency and BDT rose to Tk 121.1375 per dollar at 5:00pm on the day from Tk 120.6708 in the same period of the previous day, according to the central bank's latest statistics.

"The local currency depreciated around 50 paisa mainly due to the central bank's intervention in the market," a senior official of the Bangladesh Bank (BB) told The Financial Express (FE) in explaining the latest market situation.

Market operators, however, urge the central bank to intervene in the foreign-exchange market in a...