forex market

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

Forex market: Six banks apologise for making excessive profits

The central bank yesterday ordered six banks to spend 50 per cent of the profits they had earned from their foreign exchange businesses unethically between May and June for corporate social responsibility (CSR) programmes. 

Card Payment: Foreign currency transactions hit all-time high

Foreign currency transactions through cards hit an all-time high of Tk 356 crore in May due to a rise in the number of travellers going abroad.

Forex market volatility: Banks to suggest uniform exchange rates

The Bangladesh Bank today asked banks to suggest uniform exchange rates of the taka against the US dollar in order to bring back the stability in the country’s foreign exchange market.

Don’t panic about forex market volatility: Economist Mustafizur

There is nothing to panic about the current volatility in the foreign exchange market, said Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue.

Is Bangladesh paying the price of administered forex regime?

The taka faced less depreciation against the US dollar compared to other South Asian currencies in the last one year, eroding the export competitiveness of Bangladesh against its peers.

January 5, 2023
January 5, 2023

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

September 23, 2022
September 23, 2022

Forex market: Six banks apologise for making excessive profits

The central bank yesterday ordered six banks to spend 50 per cent of the profits they had earned from their foreign exchange businesses unethically between May and June for corporate social responsibility (CSR) programmes. 

August 8, 2022
August 8, 2022

Card Payment: Foreign currency transactions hit all-time high

Foreign currency transactions through cards hit an all-time high of Tk 356 crore in May due to a rise in the number of travellers going abroad.

May 26, 2022
May 26, 2022

Forex market volatility: Banks to suggest uniform exchange rates

The Bangladesh Bank today asked banks to suggest uniform exchange rates of the taka against the US dollar in order to bring back the stability in the country’s foreign exchange market.

May 23, 2022
May 23, 2022

Don’t panic about forex market volatility: Economist Mustafizur

There is nothing to panic about the current volatility in the foreign exchange market, said Mustafizur Rahman, a distinguished fellow at the Centre for Policy Dialogue.

May 22, 2022
May 22, 2022

Is Bangladesh paying the price of administered forex regime?

The taka faced less depreciation against the US dollar compared to other South Asian currencies in the last one year, eroding the export competitiveness of Bangladesh against its peers.

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