Bangladesh bankers hike dollar purchase rate for exporters to Tk 107.5

Other rates for the US dollar will remain unchanged.

The aim is to reduce the gap among dollar rates, said Selim RF Hussain, chairman of Association of Bankers, Bangladesh (ABB), after a joint meeting with BAFEDA.

Remitters will receive Tk 108.5 for a US dollar apart from the 2.5 per cent incentive offered by the government.

The rate of dollar for inter-bank transaction is as much as Tk 109 for a dollar, a Bangladesh newspaper reported.

ALCHEMPro News Desk (DS)