The dollar has hit a century in the country’s open market crisis. The price of dollar is increasing day by day as it is not able to supply dollar according to the market demand. In the open market, the US dollar rose by Tk 4 to Tk 102 in one day.
According to the exchange houses in the Shankhari Bazar area of old Dhaka, now it is available at ১০ 102 but the price may go up further on Wednesday. Because the exchange houses are not getting dollars according to the demand. Besides, the Hajj season is coming, the prices will go up further.
It is known that the value of money against the US dollar has been declining for some time now. Monday is the big drop. In one day, the rupee lost 60 paise against the US dollar. Never before in the history of the country has there been such a big drop in money in a single day. Bangladesh Bank depreciated against the US dollar on Monday, a week apart due to rising demand and supply crisis. The exchange rate per US dollar was increased by 60 paise to 7 rupees 50 paise. At the beginning of January, Bangladesh Bank raised the exchange rate of the dollar by 20 paise to 7 rupees. Last May 9, the exchange rate of the dollar was increased by 25 paise to 7 rupees 80 paise.
It may be mentioned that Bangladesh Bank has sold a total of 502 crore (5.02 billion) dollars to various banks till 12 May of the current 2021-22 fiscal year. In the fiscal year 2020-21, Bangladesh Bank bought a total of about 6 billion (800 crore) dollars from banks. The central bank bought ১৫ 5.15 billion in the 2013-14 fiscal year. Earlier, Bangladesh Bank set a record by buying dollars in the last financial year to keep the market stable.