Bangladesh forex crisis 2022

How far have we progressed in our green energy goal?

Green energy is one of the only options left to tackle global warming and impacts of climate change.

Forex market: Six banks apologise for making excessive profits

The central bank yesterday ordered six banks to spend 50 per cent of the profits they had earned from their foreign exchange businesses unethically between May and June for corporate social responsibility (CSR) programmes. 

Forex reserve falls to $39.05b

Bangladesh’s foreign exchange reserve has started to decline once again as it stood at $39.05 billion yesterday in contrast to $39.21 billion the day before.

Forex crisis spills over to bond market

Banks in Bangladesh are already in a tight liquidity situation since they have to buy US dollars at higher rates to settle import bills. 

Buying vs selling dollars: What should we do?

The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.

Bangladesh Bank decides to allow floating exchange rate for dollar

The Bangladesh Bank today decided not to fix the exchange rate of the US dollars, allowing the market to set the price based on demand and supply.

December 15, 2022
December 15, 2022

How far have we progressed in our green energy goal?

Green energy is one of the only options left to tackle global warming and impacts of climate change.

September 23, 2022
September 23, 2022

Forex market: Six banks apologise for making excessive profits

The central bank yesterday ordered six banks to spend 50 per cent of the profits they had earned from their foreign exchange businesses unethically between May and June for corporate social responsibility (CSR) programmes. 

September 1, 2022
September 1, 2022

Forex reserve falls to $39.05b

Bangladesh’s foreign exchange reserve has started to decline once again as it stood at $39.05 billion yesterday in contrast to $39.21 billion the day before.

July 22, 2022
July 22, 2022

Forex crisis spills over to bond market

Banks in Bangladesh are already in a tight liquidity situation since they have to buy US dollars at higher rates to settle import bills. 

July 16, 2022
July 16, 2022

Buying vs selling dollars: What should we do?

The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.

June 2, 2022
June 2, 2022

Bangladesh Bank decides to allow floating exchange rate for dollar

The Bangladesh Bank today decided not to fix the exchange rate of the US dollars, allowing the market to set the price based on demand and supply.

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