Bangladesh Bank has announced a comprehensive update to one of the nation’s key foreign competitiveness indicators, the Real Effective Exchange Rate (REER). The revision incorporates several significant methodological changes aimed at reflecting the current economic realities more accurately. For the first time, the updated REER calculation includes remittances from overseas workers, acknowledging their growing influence […]

Bangladesh has taken a decisive step to formalise its microfinance sector with the enactment of the Microfinance Bank Act, 2026, introduced under the caretaker government. The legislation integrates microcredit operations into the mainstream banking system, bringing them under the supervision of the central bank, while granting authorised banks the right to accept deposits and mandating […]

In a landmark achievement for Bangladesh’s financial technology sector, the mobile financial service (MFS) provider bKash has announced that it facilitated the transfer of 200,000,000,000 BDT (200 Billion BDT) in remittances during the 2025 calendar year. This significant capital influx was distributed across 4.1 million unique bKash accounts, representing a nearly twofold increase compared to […]

In a striking development for the nation’s economy, Bangladesh has witnessed a remarkable surge in inward remittances during the final weeks leading up to the national election. According to the latest data released by Bangladesh Bank, the country received $2.94 billion in the first 28 days of January 2026 alone. This figure represents a staggering […]

As part of its ongoing strategy to curb the depreciation of the Bangladeshi Taka against the US dollar and support remittances and export earnings, Bangladesh Bank purchased a total of $55 million from five commercial banks yesterday, Thursday, through multiple auction mechanisms. According to the central bank, the US dollars were bought at a rate […]