Trump renews attacks on Fed chair after rates held again
President Donald Trump lashed out Thursday at Jerome Powell after the US central bank continued to hold rates steady again, calling him 鈥榯oo stupid鈥� to be Federal Reserve chairman...
Tags : reserve
Trump, Fed chair bicker during central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
No reason for Fed chair to step down now: US Treasury chief
US Treasury secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve chair Jerome Powell to resign immediately, a day after calling for a review of the Fed...
Women rights activists demand direct elections to reserved seats in parliament
Women鈥檚 rights activists on Saturday demanded direct elections to the reserved seats for women in the Jatiya Sangsad, urging political parties to ensure meaningful representation and end the system of nomination that often sidelines women鈥檚 leadership...
Forex reserves fall to $29b after ACU payment
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...
Forex reserve soars to record $26.32b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $26.32 billion on Sunday amid disbursements from a number of foreign lenders including the International Monetary Fund, Asian Development Bank and World Bank...
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...
Bangladesh鈥檚 Forex reserve soars to $22.65b
Bangladesh鈥檚 gross foreign exchange reserves, calculated under IMF guidelines, soared to $22.65 billion on Wednesday amid fresh disbursements from the International Monetary Fund, World Bank and strong remittance inflows...
Govt wants to protect Arial Bil for biodiversity: adviser
Interim government environment, forest and climate change adviser Syeda Rizwana Hasan on Thursday said that the government wanted to protect Arial Bil as a reserved wetland for its rich biodiversity...
US factory output ticks down in May
Industrial production in the United States edged down unexpectedly in May, the Federal Reserve said Tuesday, as a drop in utilities output outweighed slight upticks in manufacturing and mining...
Probe report on BB reserve heist case deferred till July 2
A Dhaka court on Sunday set July 2 to submit a probe report in the case lodged over Bangladesh Bank reserve heist that took place in 2016...
Bangladesh Bank clears $1.88b ACU payments
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20.29 billion, following a $1.88-billion payment to the Asian Clearing Union for import bills covering March and April...
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...
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...