forex reserves
Banks asked to increase forex inflow
Bangladesh Bank today sat with five leading private commercial banks
Forex reserves cross $30 billion
Thanks to higher inflow of remittances for Eid-ul-Azha
Forex reserves to rise to $30 billion by June
Bangladesh Bank says
Govt cuts public food imports to save forex
Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves.
Stress on forex reserves to ease soon: Kamal
Finance Minister AHM Mustafa Kamal today in his budget speech hoped that the ongoing stress in the foreign exchange reserves would improve in a short period of time.
Why the US dollar is an optimal reserve currency for Bangladesh
The proposition that Bangladesh will move away from the US dollar-based payment settlement to a new international payment settlement is of no economic substance.
Wide gap in formal-informal exchange rates led to forex reserve slide: WB
The multilateral lender says in its latest regional economic update
Taka keeps falling, forex reserves slip below $31b
The taka has lost its value further against the US dollar after the Bangladesh Bank sold the greenback at Tk 104.5 as the foreign exchange reserves keep falling.
Forex reserves fall below $31 billion
It hit $30.92b on April 30, down from $44.01b on same day a year ago
Bangladesh Bank toughens stance against luxury imports
In the face of falling foreign exchange reserves, Bangladesh Bank yesterday instructed banks to take up to 75 per cent of import payments in advance from businesses to open letters of credit (LCs) for luxury and non-essential goods.
