Forex reserve shrinks by $120m in a week Bangladesh's foreign exchange reserve has fallen by nearly $120 million in the span of a week, central bank data showed.

Despite initial worries that greater exchange rate flexibility would trigger a temporary slump in the local currency, the market responded positively ...

It may be a little too early to declare economic recovery, but certainly the growing forex reserve, remittance inflow, and ...

Bangladesh Bank has introduced a new lending facility, allowing domestic individuals and institutions to secure Taka-denominated loans using foreign currency funds held in Offshore Banking Units (OBUs ...

Expatriates sent a record US$30.32 billion in remittances in the just-concluded 2024-25 fiscal year, marking a 26.8 percent year-on-year increase from the US$23.9 billion received in FY2023-24.

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

The Bangladesh Bank has permitted both individuals and companies in the country to secure taka-dominated loans using foreign currency deposits held in Offshore Banking Units (OBUs) as collateral. The ...