Bangladesh is set to make its highest Asian Clearing Union (ACU) import payment in three years, with around US$2.02 billion due for imports made during May and June.

On Jun 24, the IMF approved the fourth and fifth tranches of its loan agreement with Bangladesh, totalling nearly $1.34 ...

Two Years of $101m Cyber Heist / BB still waits to get back $66m in stolen money. Two years have gone by since the Bangladesh Bank cyber heist, but Bangladesh could not bring back the major chunk ...

Bangladesh Bank managed to get Pan Asia Banking to cancel the $20 million that it had already received and reroute that money back to Bangladesh Bank's New York Fed account.

The Philippine Senate on Thursday ended its investigation into the laundering of $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve in New York, as the two ...

In the Bangladesh case, hackers tried to make fraudulent transfers totaling nearly $1 billion from the central bank's account with the Federal Reserve Bank in New York.

Foreign exchange reserve reporting became controversial with the publication of discrepancies in an IMF report in 2020. The data on financial sector balance sheets became increasingly problematic with ...

From a peak of nearly $48 billion in 2021, the forex reserve has been following a secular declining trend for nearly two years now and has hit $26.9 billion, as per Bangladesh Bank official ...