BB buys record $265m to halt dollar rate fall
Bangladesh Bank on Tuesday purchased record $265 million, highest in a day, in an attempt to halt the fall of the US dollar against the taka...
Tags : dollar
Miners Anglo American, Teck plan new copper giant
British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a multi-billion-dollar merger, creating a champion of copper production and other critical minerals...
The dollar鈥檚 quiet retreat
THE American dollar, long the primary vehicle of global finance, now faces a quiet but consequential retreat. This decline is neither sudden nor absolute; it signals a deeper shift than a mere cyclical correction. It reflects a geo-politiconomic erosion 鈥� a simultaneous weakening of US geopolitical dominance and economic centrality...
BB buys $83m more from banks in dollar auction
The Bangladesh Bank on Sunday purchased $83 million more from 11 banks through a dollar auction as part of its ongoing strategy to curb the depreciation of the US dollar against taka and revitalize the remittance and export sectors...
Stablecoins and new Bretton Woods
IMAGINE a world in which the US dollar, already the lifeblood of global finance, transforms into a digital juggernaut 鈥� flowing through blockchain rails to tighten America鈥檚 grip on global capital. This isn鈥檛 speculative fiction. It鈥檚 the emerging reality, and its name is stablecoins...
BB buys $10m thru auction
Bangladesh Bank has purchased another US $10 million from commercial banks through an auction to boost dollar exchange rate against taka...
Bangladesh Bank purchases $313m from banks to curb dollar slide
Bangladesh Bank on Tuesday purchased fresh $313 million from 22 banks in an attempt to halt the sharp fall of the US dollar against the taka...
Global stocks gain, dollar dips
Stock markets mostly gained and the dollar eased Tuesday ahead of key US inflation data, and after Chinese economic growth data met expectations...
Dollar rate declines by Tk 3.3 in a week
The US dollar has dropped by Tk 3.3 against the Bangladeshi taka within just a week, driven by a decline in demand and a strong inflow of foreign currency...
Dollar falls by Tk 3
The US dollar has depreciated by approximately Tk 2.90 against the Bangladeshi Taka over the past 10 days, primarily due to reduced demand for dollars and a strong inflow of remittances and export earnings.
Dollar slides as Trump eyes new Fed boss
US dollar slid, while its stock markets rose Thursday as president Donald Trump lined up candidates to succeed Federal Reserve boss Jerome Powell, fuelling bets of cuts to US interest rates...
Dollar holdings by banks increase
The dollar holdings of Bangladesh鈥檚 commercial banks rose notably in May 2025, backed by increase in remittance inflows and export earnings, according to the latest data from Bangladesh Bank.
Dollar dives on Trump鈥檚 new trade threat
The dollar plunged on Thursday after US president Donald Trump threatened higher unilateral tariffs on trade partners, and oil slipped as traders evaluated the probability behind reports that Israel could be gearing up to strike Iran...
Dollar market mostly stable
The foreign exchange market remained largely stable on Thursday following the Bangladesh Bank鈥檚 announcement to adopt a market-based exchange rate system in line with the International Monetary Fund鈥檚 conditions...
Economists for vigilance as BB frees dollar rate
Bangladesh Bank governor Ahsan H Mansur on Wednesday said that the exchange rate of the US dollar would now be determined by market forces, shifting from the country鈥檚 long-standing managed rate regime...
Bangladesh Bank to flex dollar rate to get IMF loan tranche
Bangladesh is likely to receive $1.3 billion from the International Monetary Fund (IMF) by June, as the Bangladesh Bank has agreed to make the exchange rate more flexible 鈥� a key condition of the IMF鈥檚 $4.7 billion loan programme...
Dollar eases slightly
Bangladesh鈥檚 currency, the Taka, has strengthened against the US dollar, bolstered by recent growth in remittances and exports...
Asian scam centre crime gangs expanding worldwide: UN
Asian crime networks running multi-billion-dollar cyber scam centres are expanding their operations across the world as they seek new victims and new ways to launder money, the UN said on Monday...
Dollar drops, gold hits new record
Gold prices hit a fresh record above $3,393 on Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump鈥檚 tariff blitz and his bubbling row with the Federal Reserve...
Dollar holdings of banks in Bangladesh top $5 billion in March
The dollar holdings of Bangladesh鈥檚 commercial banks increased for the third consecutive month in March, due mainly to a sharp rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Dollar slides, global stocks diverge
The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US tariffs, deepening a trade war between the world鈥檚 two biggest economies.
Global stocks, dollar sink
Stock markets and the dollar tumbled Thursday after president Donald Trump鈥檚 latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation...
Cuba resurrects dollar-only stores, a symbol of inequality
In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping recently in Havana with his son discovered...
Dollar holdings in banks rise to $4.63b in February
The dollar holdings of Bangladesh鈥檚 commercial banks increased in February, supported by a rise in remittance inflows and export earnings, according to Bangladesh Bank data...
Fruit imports in Bangladesh decline
Fresh fruits imports have been witnessing a declining trend for the past few years, according to the traders, mostly due to raising various types of duties, depreciation of taka against US dollar and inflationary pressure which impacted the living costs...
Banks鈥� dollar holdings inch up in January
The dollar amounts held by Bangladesh鈥檚 commercial banks increased slightly in January after a fall to a five-year and six-month low in December 2024...
Tragedy of commons being repeated on global scale
THE virtually overnight suspension of the US government鈥檚 multibillion dollar foreign aid programme channelled through USAID has been headline news in the US and in other parts of the world where this aid has been very important. In the US itself the suspension of USAID programmes has been accompanied by large scale loss of jobs in the aid sector without due...
Dollar rate for remittance rises
The US dollar rate for remittances has risen again by 50 basis points, reaching Tk聽122.5...
Depreciation of taka
THE persistent depreciation of the taka against the US dollar has become a focal point. This decline, gradual thouhg, has intensified over the past decade, triggering questions about its causes, implications and solutions. While the weakening of the taka has multiple contributing factors, such as non-performing loans from multilateral development banks...
Dollar holdings by banks hit 5-yr low
The dollar amounts held by Bangladesh鈥檚 commercial banks dropped to a five-year and six-month low in December 2024, reflecting the severe impact of Bangladesh Bank鈥檚 mismanagement amid a prolonged dollar crisis...