As Taka gains ground, what’s dragging the US dollar down? Since then, the dollar rate has been falling gradually and slipped below Tk 122 on Jul 10. In June, Bangladesh Bank also received large inflows from the IMF, ADB, JICA, and AIIB, further boosting reserves. Arif Hossain Khan, executive director and spokesperson of Bangladesh Bank, pointed to these reasons behind the drop in dollar value. A senior Bangladesh Bank official noted that many factories owned by conglomerates like Beximco and S Alam have shut down.

Source: bd News24 July 13, 2025 04:54 UTC