import payments

Can falling imports alone ease stress in the economy?

Bangladesh’s trade gap and current account deficit have narrowed significantly in recent months but the positive developments might not prove enough to bring back stability to the economy. 

Banks asked not to buy any vehicle in next one year

The Bangladesh Bank today asked banks not to purchase any vehicle in the next one year as part of the government’s efforts to cut import payments to tackle the ongoing forex volatility.

May 16, 2023
May 16, 2023

Can falling imports alone ease stress in the economy?

Bangladesh’s trade gap and current account deficit have narrowed significantly in recent months but the positive developments might not prove enough to bring back stability to the economy. 

July 27, 2022
July 27, 2022

Banks asked not to buy any vehicle in next one year

The Bangladesh Bank today asked banks not to purchase any vehicle in the next one year as part of the government’s efforts to cut import payments to tackle the ongoing forex volatility.