The Detective Branch of Dhaka Metropolitan Police has warned that anyone stockpiling US dollars amid a crisis of the currency will face the full wrath of the law.
DMP Additional Police Commissioner (detective) Md Harun-or-Rashid on Thursday said: “Those who stockpile dollars at a time when the dollar prices are rising will face legal actions.”
On Wednesday, Finance Minister AHM Mustafa Kamal said “fraudulent” imports were contributing to the abnormal rise in dollar prices and that the government was using “all the tools available” to prevent such acts.
DB chief Rashid said they were also monitoring whether counterfeit bills were being printed. “We’ll carry out operations if we receive information about people stockpiling dollars or [location of] equipment or machine to print fake dollars.”
The war between Ukraine and Russia has caused dollar prices to soar, peaking at Tk 111 on Tuesday before returning to Tk 108 on Wednesday.
Bangladesh Bank officials and some members of other government offices inspected money exchange agencies on Wednesday to investigate the spike.
