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Dollar price surpasses Tk 119 in open market

News Desk || risingbd.com

Published: 17:09, 10 August 2022  
Dollar price surpasses Tk 119 in open market

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The price of US dollar on Wednesday (August 10) surpassed Tk 119 in the country’s open market, which was exchanged with Tk 115 to Tk 116 the previous day.

However, the inter-bank price is Tk 94.95.

Officials of money exchange companies in the capital’s Matijheel, Dilkusha, Paltan and Gulshan areas of Dhaka told this on Wednesday (August 10).

It was learned the number of people who were involved in illegal sale of dollars has decreased due to the inspection of the central bank. Besides, even if many people have dollars, they are not coming to sell in the open market because of fear. On the other hand, there is a dollar crisis. Many money exchange houses do not have dollars on demand. As a result, dollar price is increasing continuously.

Official of Ornate Money Exchange in Matijheel Masum Ahmed told risingbd that he has no dollar to sell. But those who have them are selling up to Tk 118-119.80. However, it is not possible to pay dollars as per demand of the buyers.

A money exchange official claiming anonymity said that there is lack of dollar supply against the demand. So the price was upward since morning. A dollar was sold at Tk 117 in the morning, but it was sold at Tk 119 at the noon. However, after the noon, the dollar was sold at Tk 119.90. He is afraid of crossing Tk 120-mark.