foreign currency reserves
Forex reserves decline by $1.3 billion in a month
Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
Forex reserves rise by $300 million in a week
Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
Budget For Fy25: 53pc rise in allocation for debt servicing
The government’s allocation to repay foreign debts may reach Tk 57,000 crore in the next budget, a 53 percent rise from the current year, putting further pressure on the country’s dwindling foreign currency reserves.
‘Bangladesh robbed of $14b in 3 years’
Says PM’s Energy Adviser Tawfiq-e-Elahi Chowdhury on global oil price hike
BB introduces counter-trade to ease forex pressure
The Bangladesh Bank has unveiled the counter-trade policy, an arrangement that promotes direct exchanges of goods and services without cash, with a view to reducing pressure on dwindling foreign currency reserves.
A bleak time to draw up budget
In June last year when Finance Minister AHM Mustafa Kamal placed the budget in parliament, inflation had already been creeping up and the foreign currency reserves were on the decline. These two had derailed the full economic recovery from a two-year crisis wrought by the Covid pandemic.
Forex reserves slip below $30 billion for second time in May
It hit $29.97 billion on May 24
Lessons learned from disruptions caused by Covid-19, war
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the last report of a series and it focuses on the lessons for the businesses from the two unprecedented shocks.
Come June, reserves will hit $37.7b
The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.
Forex reserves decline by $1.3 billion in a month
Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
Forex reserves rise by $300 million in a week
Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
Budget For Fy25: 53pc rise in allocation for debt servicing
The government’s allocation to repay foreign debts may reach Tk 57,000 crore in the next budget, a 53 percent rise from the current year, putting further pressure on the country’s dwindling foreign currency reserves.
‘Bangladesh robbed of $14b in 3 years’
Says PM’s Energy Adviser Tawfiq-e-Elahi Chowdhury on global oil price hike
BB introduces counter-trade to ease forex pressure
The Bangladesh Bank has unveiled the counter-trade policy, an arrangement that promotes direct exchanges of goods and services without cash, with a view to reducing pressure on dwindling foreign currency reserves.
A bleak time to draw up budget
In June last year when Finance Minister AHM Mustafa Kamal placed the budget in parliament, inflation had already been creeping up and the foreign currency reserves were on the decline. These two had derailed the full economic recovery from a two-year crisis wrought by the Covid pandemic.
Forex reserves slip below $30 billion for second time in May
It hit $29.97 billion on May 24
Lessons learned from disruptions caused by Covid-19, war
The business sector in Bangladesh has been going through severe challenges for the past four years, which, for many, have been the toughest period in decades, with the coronavirus pandemic being the dominant factor in the early part before the Russia-Ukraine war broke out. Today, we are running the last report of a series and it focuses on the lessons for the businesses from the two unprecedented shocks.
Come June, reserves will hit $37.7b
The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.
Phones, laptops, internet turned pricier in 2022
Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year.
