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DHAKA: The price of the US dollar is rising again in both the banking system and the open market. In an effort to stabilise the exchange rate, Bangladesh Bank has supplied $122 million to commercial banks.
According to the central bank, the average dollar rate offered by banks has increased by around Tk 1 over the past month. Meanwhile, the price in the open market has risen by Tk 2.
Sources said Bangladesh Bank supplied the banks with the dollars from its foreign exchange reserves at rates ranging from Tk 124 to Tk 124.30 per dollar.
Earlier, on October 20, the central bank sold dollars at Tk 123.65 per dollar.
