foreign reserves

What lower global interest rates mean for a reforming Bangladesh

Capital can quickly exit the market, putting pressure on Bangladesh’s foreign reserves and currency stability.

Govt to bank on crawling peg, global interest rate cuts to rebuild reserves

The revised gross forex reserves target for the current fiscal year ending on June 30 was $29.1 billion. It stood at $24.23 billion on June 5, according to the traditional calculation of the Bangladesh Bank. To meet the goal, another $4.87 billion will have to be added to the reserves by this month.

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

The major economic concerns ahead of the election

Bangladesh’s next national election is only a few months away, and the market is already very hot.

When public servants get punished for doing their job

Punishing two officials for fulfilling their duty is deeply concerning. The report provided an accurate picture of the energy and electricity sector, which apparently goes against the views of the current regime.

Easing strain on reserves: Dhaka looks to secure $5.5b from IMF, WB

Bangladesh is hoping to get $5.5 billion from the International Monetary Fund and the World Bank as budget support, which will help the country shore up its depleting foreign currency reserves.

October 12, 2024
October 12, 2024

What lower global interest rates mean for a reforming Bangladesh

Capital can quickly exit the market, putting pressure on Bangladesh’s foreign reserves and currency stability.

June 10, 2024
June 10, 2024

Govt to bank on crawling peg, global interest rate cuts to rebuild reserves

The revised gross forex reserves target for the current fiscal year ending on June 30 was $29.1 billion. It stood at $24.23 billion on June 5, according to the traditional calculation of the Bangladesh Bank. To meet the goal, another $4.87 billion will have to be added to the reserves by this month.

June 8, 2024
June 8, 2024

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

September 17, 2023
September 17, 2023

The major economic concerns ahead of the election

Bangladesh’s next national election is only a few months away, and the market is already very hot.

August 28, 2023
August 28, 2023

When public servants get punished for doing their job

Punishing two officials for fulfilling their duty is deeply concerning. The report provided an accurate picture of the energy and electricity sector, which apparently goes against the views of the current regime.

October 17, 2022
October 17, 2022

Easing strain on reserves: Dhaka looks to secure $5.5b from IMF, WB

Bangladesh is hoping to get $5.5 billion from the International Monetary Fund and the World Bank as budget support, which will help the country shore up its depleting foreign currency reserves.