BB Forecasts Further Depreciation of Taka Against Dollar
The Bangladesh Bank has warned that the taka is expected to continue depreciating against the US dollar due to significant…
Govt Resumes Central Bank Borrowing
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Govt Resumes Central Bank Borrowing
Bangladesh’s government has turned to borrowing from the Bangladesh Bank, exceeding set limits. The government borrows through overdrafts and Ways…
Central Bank Extended Payment Period for Raw Material Imports
The central bank has extended the usance period for industrial raw material imports from 180 to 360 days, effective until…
Central Bank Extended Payment Period for Raw Material Imports
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Bangladesh Bank Removes Cap on Deposit Rates
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Central Bank Reports $12 Billion Gap in Exports
In the fiscal year 2022-23, Bangladesh reported exports of over $55 billion, as per the Export Promotion Bureau (EPB). However,…
Central Bank Reports $12 Billion Gap in Exports
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Central Bank Providing Liquidity Assistance to Banks
In a notable policy reversal prompted by a liquidity crunch, the Bangladesh Bank has resumed providing cash support to commercial…
Current Account Surplus Dips to $233M
Bangladesh’s October 2023, current account surplus sharply declined to $233 million, an 80% drop from September’s $1.2 billion, attributed to…