dollar crisis Bangladesh
BB fixes forward forex rate for first time
For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.
Forex holdings in banks fall in August
Commercial banks witnessed a drop in foreign currencies last month from that in the preceding month mainly due to a sharp fall year-on-year in the inflow of remittance and a relatively small growth in export earnings.
Mighty dollar squeezes int’l purchases thru credit cards
The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.
How sustainable is our 'electricity revolution'?
It’s time to address the technical, operational, managerial, design and planning aspects of the energy crisis.
Why the fall in remittances?
Take concrete steps to address loopholes in the system
Central bank’s USD investment plunges
Bangladesh Bank’s foreign exchange reserves invested in US dollars declined 34 per cent year-on-year to $23.63 billion in February as the country is heavily dependent on the American greenback to settle payments for global trade.
Caught between two crises
Real solution lies in reassessment of government energy policy
LONG READ / Coping with a perfect economic storm with IMF support
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Overdependence on gas imports is putting our energy future at risk
Can the government meet rising demand for power?
BB fixes forward forex rate for first time
For the first time, the Bangladesh Bank has decided to determine the rate of foreign exchange, namely the US dollar, to be delivered in future, widely known as forward contract -- a move that has created mixed reactions among businesses.
Forex holdings in banks fall in August
Commercial banks witnessed a drop in foreign currencies last month from that in the preceding month mainly due to a sharp fall year-on-year in the inflow of remittance and a relatively small growth in export earnings.
Mighty dollar squeezes int’l purchases thru credit cards
The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.
How sustainable is our 'electricity revolution'?
It’s time to address the technical, operational, managerial, design and planning aspects of the energy crisis.
Why the fall in remittances?
Take concrete steps to address loopholes in the system
Central bank’s USD investment plunges
Bangladesh Bank’s foreign exchange reserves invested in US dollars declined 34 per cent year-on-year to $23.63 billion in February as the country is heavily dependent on the American greenback to settle payments for global trade.
Caught between two crises
Real solution lies in reassessment of government energy policy
Coping with a perfect economic storm with IMF support
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Overdependence on gas imports is putting our energy future at risk
Can the government meet rising demand for power?
Higher input, dollar costs take gloss off paint industry
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.