Forex reserve Bangladesh
Foreign banks’ forex income soars
The earnings of foreign banks operating in Bangladesh rocketed in 2022 buoyed by their incomes from the dealings of international currencies.
Wide gap in formal-informal exchange rates led to forex reserve slide: WB
A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.
Come June, reserves will hit $37.7b
The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Resolving liquidity crunch in our financial sector
Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.
What is Bangladesh's current forex reserve?
Ever since Sri Lanka and Pakistan’s economic turmoil, Bangladesh’s foreign exchange reserves has become a part of public discourse. So much so that despite having an official figure from the central bank every week, people are speculating.
Current account balance: Deficit to remain high till 2027
Bangladesh will continue to see high deficit in its current account balance till 2027, predicts the International Monetary Fund.
What Bangladesh needs to consider before devaluing the taka further
The taka has been devalued against the dollar in seven steps this year.
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.
Foreign banks’ forex income soars
The earnings of foreign banks operating in Bangladesh rocketed in 2022 buoyed by their incomes from the dealings of international currencies.
Wide gap in formal-informal exchange rates led to forex reserve slide: WB
A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.
Come June, reserves will hit $37.7b
The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Resolving liquidity crunch in our financial sector
Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.
What is Bangladesh's current forex reserve?
Ever since Sri Lanka and Pakistan’s economic turmoil, Bangladesh’s foreign exchange reserves has become a part of public discourse. So much so that despite having an official figure from the central bank every week, people are speculating.
Current account balance: Deficit to remain high till 2027
Bangladesh will continue to see high deficit in its current account balance till 2027, predicts the International Monetary Fund.
What Bangladesh needs to consider before devaluing the taka further
The taka has been devalued against the dollar in seven steps this year.
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 volatility persists despite Bangladesh Bank's intervention
Volatility continued to prevail in the country’s foreign exchange market, with the price of every dollar hitting a record Tk 119 in the open market yesterday from Tk 115 on Monday.
