Dollar Price Again Hits High in Kerb Market

Yesterday, the dollar was sold at the highest price of Tk 119, but Today (Thursday), every dollar was sold at a record Tk 120 in the kerb market.

From Thursday (August 11) morning, dollar seekers are crowding the capital's money exchange houses. However, the sale of dollars is not in that proportion.

The money exchange house staff said that the price of dollar is increasing because there is not enough supply against the demand. They also said that they are selling at a higher price because they have to spend extra to buy dollars from expatriates. Paying up to Tk 104 for every dollar to buy from the bank.

Earlier last Tuesday (August 9), the price per dollar was the highest at Tk 115. This was the previous record. After this, on Wednesday (August 10), every dollar was sold at a record Tk 119 in the Kerb market.

Traders said that the exchange rate of major international currencies is increasing due to insufficient supply against demand.

It should be noted that the Russia-Ukraine war has increased global commodity prices. As a result, import and transportation costs have increased. This has created a dollar crisis in the country.