Dhaka Sunday, May 5, 2024
Forex reserves drop to $23.56b as BB implements IMF guidelines

Forex reserves drop to $23.56b as BB implements IMF guidelines

The Bangladesh Bank – following the guidelines of the International Monetary Fund (IMF) – has revealed a significant drop of $6.44 billion in the country's ...Details

Dollar exchange rate for repatriated export income increased

Dollar exchange rate for repatriated export income increased

Following the announcement, the exporters will get Tk107.5 in the local currency against each dollar

The US dollar exchange rate has been increased by Tk0.5 to ...Details

Govt borrowed record Tk94,739cr from BB in FY23

Govt borrowed record Tk94,739cr from BB in FY23

The government borrowed a record Tk 94,739 crore from Bangladesh Bank (BB) until June 21 of FY2022-23 to meet the budget deficit as commercial banks are now facing a tight ...Details

H&M’s Bangladesh sheds 46 jobs

H&M’s Bangladesh sheds 46 jobs

Swedish fashion retailer H&M has decided on another big job cut in its Bangladesh office as part of an effort to reduce its operational costs amid a global economic ...Details

Bangladesh up 12 notches in WB logistics index

Bangladesh up 12 notches in WB logistics index

Bangladesh has climbed up twelve notches in the World Bank’s Logistics Performance Index (LPI) 2023, ranking 88th among 139 countries due to significant investments ...Details