After about a year and a half, the borders of different countries are slowly opening up for tourism. Multinational airlines that stopped due to Corona have now resumed flights to many routes and destinations. As a result, people have started traveling to different countries for professional work, education, medical treatment and shopping. This has affected the dollar price in the open market of Bangladesh. Last Thursday, the price of each dollar has increased from Tk 69 to Tk 60.
The reason for this, dollar traders say, is that the demand for dollars to go out has suddenly increased a lot. Dollars are not coming to the country hand in hand compared to him. As a result, prices have gone up. This rise will not stop soon if the dollar does not come to the country hand in hand.
However, customers can also buy dollars from the bank by endorsing the passport if they want. Banks, however, are now selling dollars below Tk. However, traders have to pay 75 rupees 75 paise per dollar to repay the debts. As a result, the difference in the dollar price between the open market and the banking channel has become Tk 4, which is between Tk 2-3 in normal times.
Shahnaz Bithi went to Motijheel last Thursday to buy dollars. He told Prothom Alo that he had to buy it at Tk 79.80 per dollar. The boy had to buy dollars to send to America.
Motijheel and Gulshan exchange houses and traders in the open market say that now people are not coming to sell dollars that way. Just coming to buy. This is why prices are rising.
Meanwhile, traders have to spend more money on importing goods. Corona vaccine has been added to the list of import costs. As a result, the value of the US dollar against the rupee has been rising for three months. In other words, Bangladeshi money is getting weaker day by day.
Bangladesh Bank is selling dollars from the reserve to stop the rise in the value of the dollar. Even then the price is not going to hold. The last increase in the price of the banks last Thursday was 65 rupees 75 paise. According to the central bank, the value of the dollar on July 29 was 74 rupees 70 paise.
