Bangladesh and India began settling cross-border trades in the Indian rupee (INR) last week, a development that has been hailed as a landmark for the growing bilateral commerce in general and for Bangladesh in particular.
Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury has said there is no immediate solution to the existing load shedding as the government has reduced import of primary fuel to conserve foreign currency reserve.
Bangladesh needs proper macroeconomic management to avoid middle income trap
Ahsan H Mansur of Policy Research Institute talks about Bangladesh’s current economic crisis with Eresh Omar Jamal of The Daily Star.
Soaring oil and commodity prices have hit Bangladesh’s foreign exchange reserves significantly.
The rapid increase in global food prices in recent months have put many countries including Bangladesh in a crisis.
The Federal Reserve Bank of New York will be sued following the hacking of around $100 million (Tk 780 crore) from foreign currency account of Bangladesh Bank, Finance Minister AMA Muhith tells journalists at his finance ministry office.
Bangladesh’s foreign currency reserve has crossed a record $ 28 billion standing on a rise in export and incoming remittances from abroad.
The Federal Reserve Bank of New York will be sued following the hacking of around $100 million (Tk 780 crore) from foreign currency account of Bangladesh Bank, Finance Minister AMA Muhith tells journalists at his finance ministry office.
Bangladesh’s foreign currency reserve has crossed a record $ 28 billion standing on a rise in export and incoming remittances from abroad.
