Donald Trump says he wants to reverse the strong dollar policy which has underpinned the US economic framework since the early 1990s
The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump
Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a green light to intervene in the market to arrest rapid falls in the yen
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024
Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.
Like other sectors, the paint industry in Bangladesh is in troubled waters as the US dollar crunch has made it difficult for manufacturers to import raw materials in line with their demand.
The U.S. dollar was firmly higher against major currencies on Monday, while China’s yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world’s second-biggest economy.
The dollar is at its highest level since 2000, having appreciated 22 per cent against the yen, 13 per cent against the euro and 6 per cent against emerging market currencies since the start of this year. Such a sharp strengthening of the dollar in a matter of months has sizable macroeconomic implications for almost all countries, given the dominance of the dollar in international trade and finance.
Donald Trump says he wants to reverse the strong dollar policy which has underpinned the US economic framework since the early 1990s
The United States is merrily chipping away at the pillars that hold up the dollar as the world's reserve currency, with the latest blows coming from some powerful Americans questioning the rule of law following the conviction of Donald Trump
Finance leaders of the Group of Seven (G7) advanced nations on Saturday reaffirmed their commitment to warn against excessively volatile currency moves, language Japan sees as a green light to intervene in the market to arrest rapid falls in the yen
he Bangladesh Bank yesterday increased the all-in-cost ceiling for short-term trade finance in foreign currencies to 4 percent
The Federal Reserve's dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024
Asian shares hit one-year lows Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies.
Like other sectors, the paint industry in Bangladesh is in troubled waters as the US dollar crunch has made it difficult for manufacturers to import raw materials in line with their demand.
The U.S. dollar was firmly higher against major currencies on Monday, while China’s yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world’s second-biggest economy.
The dollar is at its highest level since 2000, having appreciated 22 per cent against the yen, 13 per cent against the euro and 6 per cent against emerging market currencies since the start of this year. Such a sharp strengthening of the dollar in a matter of months has sizable macroeconomic implications for almost all countries, given the dominance of the dollar in international trade and finance.
Border Guard Bangladesh (BGB) seized 135 gold worth Tk13.58 crore from three private cars and detained six persons in Jashore early today (June 1, 2022).