Senior officials at Bangladesh Bank and various commercial banks have confirmed that the remittance dollar rate has fallen by Tk1 within the last week. Bankers further noted that the rates for settling letters of credit (LCs) have also declined, with the possibility of further reductions in the coming week.
Remittance dollar rate drops by Tk1 in a week
The exchange rate for remittances has decreased by Tk1 over the past week, according to officials from Bangladesh Bank and commercial banks.
Source: The Business Standard