Capacity for meeting foreign debt obligations falling
The foreign exchange reserve to foreign debt ratio dropped substantially in the past couple of years, indicating that the country has a smaller cushion of...
Tags : foreign exchange
Govt mustn鈥檛 walk back austerity steps amidst economic decline
THE government鈥檚 plan to walk back austerity measures, even if partly, in the national budget for the 2025 financial year only because the measures that have been in place have failed to produce result appears impractical. Such a proposition of reversal would...
High inflation reduces forex reserves: BBTA study
High inflation reduces foreign exchange reserves, as more reserves are necessary to stabilise the foreign exchange market and cool down inflation, according to a research paper by officials of the Bangladesh Bank...
Bangladesh's net forex reserve plunges to $13.8b
The net foreign exchange reserves in Bangladesh, as per International Monetary Fund guidelines, fell to $13.76 billion, with the gross reserves dropping to $18.26 billion on May 12, marking a 10-year low, according to Bangladesh Bank data...
FBCCI seeks 2 EZs dedicated to fisheries for export
Business leaders of the Federation of Bangladesh Chamber of Commerce and Industry on Monday said that there was huge potential for foreign exchange earnings by exporting shrimp, crab, freshwater fish, marine fish and other fish...
BB sells $11.67b to banks in 10 months
The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country鈥檚 banks...