Bangladesh Bank has paid over US$2.19 billion to the Asian Clearing Union (ACU) to settle import bills for the months of May and June, resulting in a drop in the country鈥檚 foreign exchange reserves to $29.53 billion...
The Finance Division has prepared an update about the economy highlighting the prevailing high inflation and falling forex reserves to submit to the finance adviser of the newly formed interim government led by Nobel laureate Muhammad Yunus...
An International Monetary Fund mission will arrive in the capital next week to review targets, including the underachieved forex reserves, regarding its $4.7 billion loan programme...
EVEN in the post-Covid period, the Bangladeshi economy was going to take a turn-around, with macroeconomic indicators posting positive signals. However, the Russia-Ukraine war began to cast a gloom by disrupting...