Forex reserve Bangladesh

IMF charts ways to discipline money market, boost revenue

IMF has set six new benchmark conditions for Bangladesh to restore discipline in the money market and boost revenue generation.

BB plans raft of measures to fight economic crisis

The Bangladesh Bank is going to take a raft of policy measures to tackle inflationary pressure, volatility in the foreign exchange market and growing non-performing loans (NPLs) and give a much-needed boost to the forex reserve.

BB income from foreign currency reserve jumps

Bangladesh Bank’s income from foreign currency reserves has gone up 108 percent year-on-year to Tk 6,000 crore in fiscal year 2022-23, as per the central bank’s annual report. 

Forex shock to remain as major challenge

With a huge deficit in its financial account balance and foreign exchange reserves depleting, Bangladesh’s main challenge in the coming months will be tackling foreign exchange shocks, said economists yesterday.  

Foreign banks’ forex income soars

The earnings of foreign banks operating in Bangladesh rocketed in 2022 buoyed by their incomes from the dealings of international currencies.

Wide gap in formal-informal exchange rates led to forex reserve slide: WB

A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.

Come June, reserves will hit $37.7b

The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

Resolving liquidity crunch in our financial sector

Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.

December 18, 2023
December 18, 2023

IMF charts ways to discipline money market, boost revenue

IMF has set six new benchmark conditions for Bangladesh to restore discipline in the money market and boost revenue generation.

September 24, 2023
September 24, 2023

BB plans raft of measures to fight economic crisis

The Bangladesh Bank is going to take a raft of policy measures to tackle inflationary pressure, volatility in the foreign exchange market and growing non-performing loans (NPLs) and give a much-needed boost to the forex reserve.

August 23, 2023
August 23, 2023

BB income from foreign currency reserve jumps

Bangladesh Bank’s income from foreign currency reserves has gone up 108 percent year-on-year to Tk 6,000 crore in fiscal year 2022-23, as per the central bank’s annual report. 

August 21, 2023
August 21, 2023

Forex shock to remain as major challenge

With a huge deficit in its financial account balance and foreign exchange reserves depleting, Bangladesh’s main challenge in the coming months will be tackling foreign exchange shocks, said economists yesterday.  

May 11, 2023
May 11, 2023

Foreign banks’ forex income soars

The earnings of foreign banks operating in Bangladesh rocketed in 2022 buoyed by their incomes from the dealings of international currencies.

May 10, 2023
May 10, 2023

Wide gap in formal-informal exchange rates led to forex reserve slide: WB

A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.

January 30, 2023
January 30, 2023

Come June, reserves will hit $37.7b

The government is expecting the shrinking foreign currency reserves will buck the trend and hit $37.7 billion by June thanks to lower imports and budget support from development partners.

December 29, 2022
December 29, 2022

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

December 7, 2022
December 7, 2022

Resolving liquidity crunch in our financial sector

Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.

November 17, 2022
November 17, 2022

What is Bangladesh's current forex reserve?

Ever since Sri Lanka and Pakistan’s economic turmoil, Bangladesh’s foreign exchange reserves has become a part of public discourse. So much so that despite having an official figure from the central bank every week, people are speculating.