UNB, Sangsad Bhaban :
Bangladesh Bank is buying dollars from the market to keep the exchange rate of Taka against the US dollar stable for attaining the desired GDP growth.
Finance Minister AMA Muhith said this on Wednesday while responding to a starred question from Subid Ali Bhuiyan (Comilla-1).
He said that the exchange rate of Taka is now in a very strong position against the US dollar.
The minister mentioned that if the Taka is over valued against the dollar than the country’s export will lose its competitiveness while the inward remittance flow might be affected which might cause obstacles to attaining the desired GDP growth.
“That’s why the Bangladesh Bank is purchasing the dollar from the market to keep the exchange rate stable,” he added.
