Bangladesh has received a total of 1 billion dollars in budget support loans from the Asian Development Bank (ADB). Following the arrival of this financial assistance, the country’s gross foreign currency reserves increased significantly, reaching 35.63 billion dollars on Sunday. According to official central bank metrics, this figures represents the highest level of gross foreign […]

The central bank of Bangladesh, Bangladesh Bank, has removed the chairman and all directors of Islami Bank Bangladesh PLC from their respective positions. The decision was officially announced on Sunday night, 14 June, as part of an intervention to address and manage the ongoing crisis within the financial institution. According to the official statement from […]

The international business and commercial operations of Bangladesh are experiencing continuous expansion in alignment with the broader global economy. In order to facilitate and sustain this increasing volume of international trade transactions, the demand for and relevance of foreign currency exchange rates are rising correspondingly across the nation’s financial systems. The official currency exchange rates […]

The central bank of Bangladesh, Bangladesh Bank, has officially declared a comprehensive stimulus package valued at 60,000 crore taka aimed at revitalising and accelerating the national economy. Within this macroeconomic framework, an allocation of 10,000 crore taka has been specifically designated to support agricultural and rural economic operations. This particular financial deployment constitutes the second-highest […]