Foreign currency transactions using cards hit an all-time high of Tk356 crore in May earlier this year due to a rise in the number of travellers going abroad.
It is reportedly a massive 233% rise year-on-year, according to data of the Bangladesh Bank.
In April, the transactions amounted to Tk241 crore.
Bankers say transactions of a high amount of money through cards had aggravated the ongoing pressure on the country's foreign exchange reserve.
A central bank official said the country's foreign exchange reserves were now under pressure due to surging import payments and a decline in the inflow of remittance.
The rise in the expenditure through cards also played a role in exacerbating the pressure, he also said.
Import payments amounted to $82.49 billion in FY22, up 36% year-on-year, while the amount of remittance coming in fell 15% to $21.03 billion.
Against this backdrop, the reserves stood at $39.66 billion as of August 3 compared to $46.15 billion on December 30 last year.
Besides, the exchange rate of the taka in the interbank platform increased to Tk94.70 for each dollar on August 4 in contrast to Tk84.80 a year ago.
