Forex reserve crosses $22b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $22 billion again on Wednesday, driven by strong remittance inflows and export earnings...
Tags : reserve
Probe report on BB reserve heist case on May 18
A Dhaka court on Thursday set May 18 as the new deadline for submitting the probe report in the Bangladesh Bank reserve heist case of 2016...
Bangladesh Bank says forex reserve crosses $21b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, crossed $21 billion again, driven by strong remittance inflows and export earnings...
Record inflow of remittance raises reserves to $25b
Foreign currency reserves have crossed $25 billion mark before the end of March thanks to a record inflow of remittances this month.
Committee formed to review Bangladesh Bank reserve heist
The Bangladesh interim government has formed a high-level committee headed by law adviser Asif Nazrul to review the reserve heist of Bangladesh Bank in 2016...
Bangladesh's forex reserve drops to $19.7b
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $19.7 billion, following a $1.75-billion payment to the Asian Clearing Union for import bills covering January and February...
BB reduces CRR for banks to 3pc amid cash crisis
Bangladesh Bank on Tuesday reduced the cash reserve ratio (CRR) for banks from 3.5 per cent to 3 per cent considering the current poor deposit growth in the banking sector...
Guarding against data breach
THE cyberspace of Bangladesh has made the headlines for breaches on many occasions since the reserve theft of the Bangladesh Bank. The recent one took place in late October 2024 when user data of 5,000 people were leaked from web site that sold tickets for an Atif Aslam concert in Dhaka. All this shows that we have a long way to go to protect our digital landscape...
Forex reserve nears $21b amid high remittance
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, neared $21 billion again, driven by strong remittance inflows...
RBI delivers first rate cut since 2020
India鈥檚 central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in the world鈥檚 fifth largest economy outweighed inflation risks.
Forex reserve crosses $20b again
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
Forex reserve drops to $20b
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20 billion, following a $1.67-billion payment to the Asian Clearing Union against import bills for November and December of 2024...
ACC moves to probe BB reserve heist
The Anti-Corruption Commission has initiated a move to probe corruption allegations in the $101 million cyber heist from Bangladesh Bank in 2016.
US banks sue Fed over 鈥榦paque鈥� stress tests
A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the central bank鈥檚 annual stress test implementation as 鈥榦paque鈥� and detrimental to economic growth.
Bangladesh鈥檚 forex reserve surges by $1.5b in 22 days
Bangladesh鈥檚 gross foreign exchange reserves, calculated following the International Monetary Fund鈥檚 guidelines, have risen by $1.5 billion in 22 days.
Global stocks decline as Fed eyes fewer rate cuts
European and Asian stock markets slid Thursday following sharp losses on Wall Street as the Federal Reserve signalled fewer cuts to US interest rates next year...
HC moves to protect Teknaf reserve forests
The High Court on Tuesday issued a directive asking the government authorities to explain their inaction in addressing encroachment on reserve forests of Mathabhanga and Panerchara at Teknaf in Cox鈥檚 Bazar...
Global stocks mostly drop awaiting Fed policy update
Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve鈥檚 upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office...
US Fed expected to cut rates in last meeting of Biden era
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank鈥檚 last meeting of Joe Biden鈥檚 presidency...
Ex-AL MP Shafia arrested in murder case
A former Awami League lawmaker for reserved seat, Safia Khatun, was arrested Saturday evening at Balughat of Pallabi area in the capital in the case of killing Akram Khan Rabbi during the July-August mass uprising.
US Fed flags rise in delinquencies at small firms
Small businesses in the United States are facing the twin challenges of tighter credit availability and the rising inability to pay back loans, the Federal Reserve said Friday...
Bangladesh's forex reserve rises slightly amid high remittances, exports
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has increased marginally to $18.49 billion on Thursday amid increased remittance inflow and export earnings...
Bangladesh鈥檚 forex reserves drop to $18.46b after ACU payment: BB
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $18.46 billion, following a $1.5-billion payment to the...
New gas reserve found in Sylhet
New gas reserve has been found in another well in Sylhet Gas Field in Bangladesh, managing director of Sylhet Gas Fields Limited Mizanur Rahman said on Tuesday.
Bangladesh's forex reserve rises by $384m in a month
Bangladesh鈥檚 gross foreign exchange reserve, as per the International Monetary Fund鈥檚 guidelines, increased by $384 million in a month, due largely to higher remittance inflows and a halt in the Bangladesh Bank鈥檚 dollar sales...
Forex reserves $19.38 billion after ACU payment
The gross foreign exchange reserve in Bangladesh, according to the guideline of the International Monetary Fund, stood at $19.38 billion on September 18, decreasing from $20.8 billion on September 8...
Rate cut could lift consumer spirits before US elections
The US Federal Reserve鈥檚 decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November鈥檚 presidential election...
World stocks rally
Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...
BoE holds rate steady after jumbo US cut
The Bank of England on Thursday kept its key interest rate at 5.0 per cent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve...
Forex reserves near $20b: BB
Bangladesh鈥檚 foreign exchange reserves have neared $20 billion as per BPM-6 calculation standard of the International Monetary Fund and crossed $24 billion as per Bangladesh Bank鈥檚 conventional valuation...