The government is getting increasingly worried over devaluation of taka as the Bangladeshi currency dropped its value 21 percent against US dollar in past one year. Bangladesh and other South Asian countries are trying to decide on a swap arrangement as those countries are seeing depreciation of their currencies, too.
On Thursday, foreign bank HSBC sold a US dollar at Tk 85. The rate was Tk 85.55 on Monday.
Privately-owned Uttara Bank, too, sold a US dollar at Tk 85 on Thursday while state-owned Sonali Bank sold it at Tk 84.7...
