The government has now returned in attempting to dictate terms in the country's volatile forex market as the taka devalued further, and as the free floating concept was not helping.
Bankers said the Bangladesh Bank reversed its position through intervening unofficially in the country's forex market on Tuesday as the value of the local currency kept falling almost continuously in the last couple of days.
Now, all the authorized dealer (AD) banks have been advised to quote their exchange rates uniformly instead of individually as allowed earlier.
The AD banks quoted the US currency at maximum Tk93 for the sale of bills for collection, generally known as BC, for settling import payments on Tuesday in line with the central bank advice.
Earlier on Monday, majority banks quoted the greenback at maximum Tk93 for the BC selling while a few quoted maximum at Tk93.95 for their customers, according to market operators.
On the other hand, the banks also quoted dollars at maximum at Tk92 on the day to remitters as well as realized export proceeds or telegraphic transfer (TT) clean of their funds.
Earlier on June 2, the Bangladesh Bank allowed the AD banks to fix their exchange rates individually in response to their appeal aiming to restore stability in the market.
The exchange rate of cash dollar against the local currency on the open market, known as kerb market, stood at around Tk97 on Tuesday mainly due to lower supply of the greenback.
Meanwhile, the Bangladeshi Taka depreciated further against the US dollar mainly due to higher demand for the greenback for settling import-payment obligations.
The local currency lost its value by Tk0.30 on the inter-bank foreign-exchange market on the day, according to market operators.
The US currency was quoted at Tk92.80 each on the day against Tk92.50 on the previous working day.
It was Tk89.90 on June 02.
In the meantime, the local currency has lost its value worth Tk7 or more than 8% since January 2022.
The dollar was traded at Tk85.80 on January 8 last.
The Taka, however, has depreciated by Tk3.80 or 4.27% from June 2 until June 14.
Bangladesh Bank sold $64 million directly to three banks on Tuesday to help them meet the growing demand for the greenback.
Earlier on Monday, the central bank sold $105 million to banks on the same ground.
The BB has so far injected $6.86 billion from the reserves directly into commercial banks as liquidity support for settling their import-payment obligations in the current fiscal year 2021-22.
Bangladesh's forex reserves came down to $41.53 billion on Tuesday from $41.55 billion of the previous day - following higher sales of the greenback from the reserves.
The local currency is maintaining a depreciating trend - mainly due to higher outflow of foreign exchange - following a hefty growth in import payments amid global price rises compared to the inflow in the last few months.