foreign currency reserves

November 10, 2022
November 10, 2022

What does the IMF loan mean for Bangladesh?

This fiscal year alone, the Bangladesh Bank has supplied more than $4.5 billion to the market to support the exchange rate, while the import bill averages $6 billion a month.

October 12, 2022
October 12, 2022

When currency, not arms, is the weapon of choice

The use of money for good and bad has a long history.

September 24, 2022
September 24, 2022

Bangladesh’s currency conundrum: What role can interest rates play?

Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.

August 11, 2022
August 11, 2022

Forex pressure may ease by Dec but inflation to stay

The record fuel price hike last week has thrown a spanner in the works to the finance division’s projection of bringing the twin problems of inflation and delicate foreign currency reserves under control by December.

August 4, 2022
August 4, 2022

IMF stands ready to help Bangladesh

The International Monetary Fund yesterday conveyed its interest to support Bangladesh with its request for loan to prop up its strained foreign currency reserves.

July 27, 2022
July 27, 2022

“Have enough forex reserves to import food for 6-9 months”

Prime Minister Sheikh Hasina today (July 27, 2022) said Bangladesh would be able to meet six to nine months of import expenditures with the existing foreign currency reserves.

May 12, 2022
May 12, 2022

Forex reserves under strain: Govt defers employees' foreign tours, less important projects

The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.