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Tags : reserve


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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...

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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...

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IMF to make concession once again

The Bangladesh Bank is likely to get concession in maintaining the net international reserve once again under the current $4.7 billion loan programme with the...

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Two CRPF men killed in Manipur blast

Two personnel of India’s Central Reserve Police Force were killed and two others injured in Manipur’s Bishnupur district following a blast at the paramilitary force’s outpost, the police informed, reports The Indian Express....

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London stocks hit new record peak on takeovers

London’s stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching takeovers this week for listed UK companies...

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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’s banks...

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Caught in a quagmire

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...