Forex

After receiving loan payments from the Asian Development Bank (ADB) and the International Monetary Fund (IMF), Bangladesh Bank’s foreign exchange reserves have increased. As of the moment, the gross reserves total USD 25.82 billion. Applying the...

The buying and selling rates of the dollar were decreased by Tk0.50 after more than a year of hikes. The price for purchasing dollars for export proceeds and remittance fell to Tk110, down from Tk110.50. The...

In the first 20 days of September, Bangladesh’s foreign exchange reserve experienced a large loss of $1.62 billion. The most recent development brings the reserve’s total to $21.45 billion. According to a recent report released by...

Bangladesh and India are all prepared to use the rupee in bilateral commercial transactions, signaling a dramatic change away from the historic reliance on the US currency. The new transaction tool is expected to be launched...

Bangladesh’s foreign exchange reserves have now surpassed the $30 billion level, up from $29.95 billion yesterday, as remittance inflows are now on the rise in front of Eid-ul-Azha. Data from the Bangladesh Bank show that between...

Ishaq Dar, the finance minister, said that the Industrial and Commercial Bank of China Ltd 1398.HK authorized a rollover of a $1.3 billion loan for cash-strapped Pakistan on Friday. This will support Pakistan’s dwindling foreign exchange...

The music video for Thumkeshwari, a dance number from the upcoming film Bhediya, has been shared by Indian stars Varun Dhawan and Kriti Sanon. As the two go on to groove together in a grand setup...

According to BSS, Bangladeshis living abroad contributed remittances of about US $1,539.49 million in September of the fiscal 2022–23. The entire amount of remittances received from July through September in the current fiscal year 2022–23 was...

In spite of the forex crisis in the nation, Bangladesh received inbound remittances of more than $1 billion (1008.67 million) in the first 15 days of September, according to UNB. Remitters are buoyed by the taka’s...

Bangladesh Bank (BB) has allowed banks to maintain accounts in China’s Yuan with their corresponding branches abroad to settle cross-border transactions in Chinese currency. “To bring wider scope, it has been decided that Authorised Dealers (ADs)...