Cenbank verbally caps remittance dollar rate at Tk122.90 for banks

• The Bangladesh Bank has verbally set a ceiling on the exchange rate at which commercial banks can buy and sell US dollars.
• Today (13 April), banks were instructed to sell dollars in the interbank market at a maximum rate of BDT122.70, while remittance inflows from exchange houses can be bought at up to BDT122.90, according to a senior central bank official.
• The central bank has also asked banks to lower their BC (bills clean/selling) rates. On Monday, banking channel selling rates ranged between BDT123.25 and BDT123.50.

https://www.tbsnews.net/economy/banking/cenbank-verbally-caps-remittance-dollar-rate-tk12290-banks-1410991