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 […]

Bangladesh has witnessed a remarkable surge in inward remittances, with expatriate workers channelling 2.83 billion US dollars—equivalent to 34,809 crore taka calculated at a rate of 123 taka per dollar—into the country during the first thirty days of August. This substantial financial inflow marks a stellar 26.9 percent growth compared to the corresponding period last […]

Bangladesh’s economic landscape relies heavily on international trade and foreign transactions, making daily currency fluctuations a critical factor for businesses and citizens alike. Exchange rate movements directly influence the costs of imported goods, export earnings, remittance inflows, and expenditures related to overseas education and medical care. The foreign exchange market has experienced a notable shift […]