commercial banks forex reserves

How to rescue banks without creating more risk

Burdened with massive NPLs, many banks have been facing a serious crisis, failing to carry out their daily operations.

Banks’ forex balances on the rise

Gross foreign exchange balances held by commercial banks in Bangladesh rose to a 19-month high of $5.53 billion in June, owing to lower imports and higher export and remittance earnings, central bank data showed.