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The Financial Express

/ Economy / Bangladesh

Policing forex mkt cools dollar price

An eventual policing drive against suspected manipulators brought down the overheating cash-dollar price on the open market that hit Tk 112 Tuesday amid growing concerns about Bangladesh's foreign-exchange reserves. Market operators said the exchange rate of the US currency came...

BPC, energy ministry dismiss reports on fuel shortages

The chief of Bangladesh Petroleum Corporation (BPC) has dismissed news...

IMF says it stands ready to support Bangladesh

The International Monetary Fund (IMF) said on Wednesday it would...

Bangladesh Bank asks banks to stop buying cars, cut operating and development costs

The Bangladesh Bank has ordered all commercial banks to reduce...

IMF says Bangladesh seeks loan under fund’s Resilience and Sustainability Trust

An official of International Monetary Fund has said Bangladesh asked...

Finance minister says remittances, exports to offset dollar shortage

Finance Minister AHM Mustafa Kamal says fraudulent imports are exacerbating...

Purchase committee approves six proposals involving Tk 23.06 billion

The Cabinet Committee on Government Purchase (CCGP) has approved a...

Finance minister defends IMF loan obscurity as a strategy

Finance Minister AHM Mustafa Kamal says Bangladesh has sent a...

RMG exporters brace for slowdown after Walmart warning

After recovering swiftly from the havoc caused by the COVID-19...

US dollar hits record Tk 112 in kerb mkt

The Bangladeshi Taka (BDT) continued its slide against the US...

IMF advises avoiding forex 'misclassification'

Bangladesh has assured the International Monetary Fund (IMF) of complying...

NBR issues 14-point directives to pursue austerity in its offices

The National Board of Revenue (NBR) has issued a 14-point...

Pakistan’s Hina Rabbani cancels trip to Dhaka for D-8 ministerial conference

Pakistan's Minister of State for Foreign Affairs Hina Rabbani Khar...

D-8 businesses urged to raise intra trade to $1.3t

The entrepreneurs of the D-8 countries were urged to gear...

Dollar jumps to record Tk 111 in open market

The volatile kerb market for foreign currencies has seen a...

$1.64 billion remittance in 21 days of July

Bangladesh received US $1642.75 million (1.64 billion) inward remittance till...

Realise $1.50b overdue export proceeds expeditiously

Banks have been asked to realise overdue export proceeds worth...

Goods worth $83.68b imported through LCs in FY’22

Goods worth $83.68 billion were imported into Bangladesh through letters...

Bangladesh to start talks with India to ink CEPA

An inter-ministerial meeting agreed to start negotiation to ink the...

Income tax return mandatory to buy saving certificates above Tk 0.5m

From now on, if anyone wants to invest in savings...

JICA to increase funding in important projects in Bangladesh, hopes Kamal

Finance Minister AHM Mustafa Kamal has expressed his hope that...

Bangladesh receives $1.64b remittances in 21 days of July

Bangladesh received US$1.643 billion inward remittance till July 21, thanks...

Money changers turn away customers due to limited dollar supply

Money changers in Dhaka are eager for a greater supply...

D-8 CCI Business Forum opens in Dhaka Tuesday

The ‘D-8 CCI (D-8 Chamber of Commerce & Industries) Business...

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