Bangladesh forex reserves

Falling reserve, rising bad loans worrying

The falling foreign exchange reserves and the ever-rising defaulted loans are very concerning for the economy, and the government should respond fast to avoid a looming crisis, eminent economist Prof Rehman Sobhan said yesterday. 

'Reserve below $18b if BB liability considered'

Bangladesh’s foreign currency reserves would be less than $18 billion if the central bank's liabilities are considered, according to Zahid Hussain, a former lead economist of the World Bank's Dhaka office..The central bank is regularly publishing its gross foreign reserves in line with the

Bangladesh’s net forex reserve below $18 billion: Zahid Hussain

Bangladesh’s net foreign currency reserves would be less than $18 billion if the central bank’s liabilities are considered, said Zahid Hussain, a former lead economist of the World Bank's Dhaka office, today.

No cheer from export and remittance

The strain on dollar stockpile intensified last month after remittance inflows crashed to a 41-month low and export receipts missed target.

Banks’ forex balances on the rise

Gross foreign exchange balances held by commercial banks in Bangladesh rose to a 19-month high of $5.53 billion in June, owing to lower imports and higher export and remittance earnings, central bank data showed.   

“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.

Buying vs selling dollars: What should we do?

The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.

October 10, 2023
October 10, 2023

Falling reserve, rising bad loans worrying

The falling foreign exchange reserves and the ever-rising defaulted loans are very concerning for the economy, and the government should respond fast to avoid a looming crisis, eminent economist Prof Rehman Sobhan said yesterday. 

October 5, 2023
October 5, 2023

'Reserve below $18b if BB liability considered'

Bangladesh’s foreign currency reserves would be less than $18 billion if the central bank's liabilities are considered, according to Zahid Hussain, a former lead economist of the World Bank's Dhaka office..The central bank is regularly publishing its gross foreign reserves in line with the

October 4, 2023
October 4, 2023

Bangladesh’s net forex reserve below $18 billion: Zahid Hussain

Bangladesh’s net foreign currency reserves would be less than $18 billion if the central bank’s liabilities are considered, said Zahid Hussain, a former lead economist of the World Bank's Dhaka office, today.

October 2, 2023
October 2, 2023

No cheer from export and remittance

The strain on dollar stockpile intensified last month after remittance inflows crashed to a 41-month low and export receipts missed target.

July 25, 2023
July 25, 2023

Banks’ forex balances on the rise

Gross foreign exchange balances held by commercial banks in Bangladesh rose to a 19-month high of $5.53 billion in June, owing to lower imports and higher export and remittance earnings, central bank data showed.   

July 27, 2022
July 27, 2022

“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.

July 16, 2022
July 16, 2022

Buying vs selling dollars: What should we do?

The US dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation.