forex reserves
Reserves drop below $20b after ACU payment
After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
Forex reserves rise by $300 million in a week
Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
Forex reserves decline by $51 million in a week
The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29
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.
‘We can’t afford any further depletion of our forex reserves’
Ahsan H Mansur of Policy Research Institute talks about Bangladesh’s current economic crisis with Eresh Omar Jamal of The Daily Star.
“Have enough forex reserves to import food for 6-9 months”
Prime Minister Sheikh Hasina today (July 27, 2022) said Bangladesh would be able to meet six to nine months of import expenditures with the existing foreign currency reserves.
Forex reserves under strain: Govt defers employees' foreign tours, less important projects
The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.
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.