Bangladesh Bank has stepped into the foreign exchange market to purchase 50 million US dollars from commercial banks via auction, breaking a hiatus of nearly three and a half months. The intervention, carried out on Tuesday afternoon, follows a noticeable surge in buck supply that had begun pushing down the value of the greenback. The […]

Bangladesh’s banking sector has suffered another sharp setback as non-performing loans (NPLs) surged by 17,851 crore taka in just three months, pushing the industry’s total default portfolio beyond the historic 6 lakh crore taka threshold. The stark escalation underscores deeply rooted structural vulnerabilities within the country’s financial landscape, highlighting the continued failure of debt restructuring […]