forex

Measures for macroeconomic stability, trade, investment insufficient

Although some steps were taken in the right direction, the measures proposed in the budget for the upcoming fiscal year centring macroeconomic stability, trade and investment are insufficient, experts and businesspeople opined in a discussion.

5 banks to seek offshore banking deposits at NY campaign

The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott

Bangladesh expands offshore banking in hunt for forex

Offshore banking is increasingly becoming a key window for banks in Bangladesh to facilitate investments and international trade by attracting deposits in foreign currencies.

Banks barred from transferring forex to offshore branches

BB yesterday barred banks from transferring foreign currency to their offshore units

Forex reserves slightly up

The reserves stood at $19.16 billion as of December 13.

Forex volatility costs large firms Tk 65,000cr

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 

‘Unpredictability has become the new normal’

Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

Only two options left for macroeconomic stability

Bangladesh does not have too many policy options other than reducing consumption of goods and services and making the exchange rate flexible in order to ensure macroeconomic stability, said a central bank report.

June 10, 2024
June 10, 2024

Measures for macroeconomic stability, trade, investment insufficient

Although some steps were taken in the right direction, the measures proposed in the budget for the upcoming fiscal year centring macroeconomic stability, trade and investment are insufficient, experts and businesspeople opined in a discussion.

May 18, 2024
May 18, 2024

5 banks to seek offshore banking deposits at NY campaign

The leading banks will arrange a dinner for expatriate Bangladeshis at New York LaGuardia Airport Marriott

May 16, 2024
May 16, 2024

Bangladesh expands offshore banking in hunt for forex

Offshore banking is increasingly becoming a key window for banks in Bangladesh to facilitate investments and international trade by attracting deposits in foreign currencies.

January 17, 2024
January 17, 2024

Banks barred from transferring forex to offshore branches

BB yesterday barred banks from transferring foreign currency to their offshore units

December 14, 2023
December 14, 2023

Forex reserves slightly up

The reserves stood at $19.16 billion as of December 13.

January 30, 2023
January 30, 2023

Forex volatility costs large firms Tk 65,000cr

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 

January 5, 2023
January 5, 2023

‘Unpredictability has become the new normal’

Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.

January 5, 2023
January 5, 2023

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

December 22, 2022
December 22, 2022

Only two options left for macroeconomic stability

Bangladesh does not have too many policy options other than reducing consumption of goods and services and making the exchange rate flexible in order to ensure macroeconomic stability, said a central bank report.

July 29, 2022
July 29, 2022

Govt turning to all partners for budget support

The government is expecting $2.5-3 billion by June next year from multilateral lenders other than the International Monetary Fund to help the Bangladesh economy weather the storm caused by the Ukraine war.

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