Detectives of Dhaka Metropolitan Police (DMP) will launch drive against hoarding of US dollars amid volatility of the greenback.
DMP’s Additional Commissioner and chief of Detective Branch (DB) Mohammad Haroon Or Rashid said this in response to a question from journalists at a press conference held at the DMP Media Center on Thursday.
He said that if anyone illegally stocks dollars amid its high demand and its appreciation against local currency will be taken to task.
Besides, the detective will keep vigil against fake dollars.
The exchange rate of an American dollar jumped to Tk112 in the unofficial (kerb) market on Tuesday causing a sort of panic among buyers.
Traders of the kerb market, where out-of-bank cash dollars are sold and bought, said that in the last couple of weeks, the exchange rate of dollars increased drastically.
Despite the BB’s move to sell the dollar and relax policies to increase the inflow of forex in the country since June this year, the dollar market is yet to stabilize.
Source: United News of Bangladesh