US dollar price rises to record BDT 112

- A Monitor Desk Report Date: 26 July, 2022

Dhaka: The value of US dollar against taka has risen to a record BDT 112 at the kerb market, the highest ever in the country’s history.

Due to the low supply compared to the country's demand, the price of the US dollar has been increasing in the open market as well as the interbank market.

Reports claimed citing dollar sellers of the capital that there is a huge demand for dollars in the market.

"Many customers came in today but we could not sell dollars to them [due to shortage]. Dollar was being sold at BDT 112 - BDT 112.5. However, I did not see any customer selling dollars today (July 26)."

The price of the dollar in the kerb market was BDT 105 to 106 on July 25. The price increased by almost BDT 6 in one day.