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

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

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 ...

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 ...

Bangladesh Bank has revised its foreign exchange policy to ease local borrowing for foreign-owned or foreign-controlled companies operating in the country.

A+ A- Xinhua Islamabad: Foreign exchange reserves of the State Bank of Pakistan (SBP) have decreased by 127 million US dollars, the central bank said in a statement on Thursday.

The Bangladesh Bank reported that the country’s foreign exchange reserves stood at $21.359bn on December 31, according to the International Monetary Fund (IMF) calculation method.

Dhaka, Dec 15 (IANS) Bangladesh's foreign exchange reserves fell by 1.23 billion U.S. dollars to 18.61 billion dollars by the end of November 2024, t ...

The Bangladesh Bank data showed the country's foreign exchange reserves stood at 19,844 million dollars on October 31, according to the International Monetary Fund (IMF) calculation method.

One promising solution to our foreign reserve crisis is the introduction of deferred payment systems for imports. For example, Bangladesh imports $23 billion worth of goods from China.

As of recent reports, Bangladesh’s foreign reserves have fallen significantly, dropping from over $29 billion in August 2023 to around $25.6 billion in August 2024.

As the crisis continues in Bangladesh, the interim government has now sought funds from development partners, including the International Monetary Fund (IMF), to pay back foreign liabilities and ...