Forex

The gross foreign exchange reserves of Bangladesh have surpassed US$24 billion. The most recent data indicates that foreign exchange reserves total $24.8 billion USD. However, the reserve is more over $20 billion based on the IMF’s...

Bangladeshis living abroad sent about US$2.542. June saw billions of remittances, the most in the previous 47 months. Data from Bangladesh Bank (BB) show that during the just ended fiscal year 2023–24 (FY24), Bangladesh received US$23.92...

Bangladesh’s foreign exchange reserves have surpassed US$27 billion thanks to loans of $1.15 billion from the International Monetary Fund (IMF) and $900 million from other lenders. Speaking with BSS, Mezbaul Haque, the executive director and spokeswoman...

Given that resident foreign currency deposit (RFCD) accounts can earn up to 7% interest on dollar deposits, dollars and other foreign currencies that were previously kept at homes have begun to return to the banks. Additionally,...

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...

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...

The Bangladesh Bank said on Thursday that the country’s actual foreign exchange reserves currently total USD 23.56 billion. The amount is less than the previously predicted total FX reserve of USD 29.97 billion by USD 6.4...

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...