Bangladesh Sees Early August Remittances Soar to $406 Million
DHAKA, BANGLADESH — Expatriate Bangladeshis channelled $406 million in foreign remittances back home during the opening three days of August, …
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Remittances Surge to $2.86 Billion in July as Bangladesh Starts New Fiscal Year Strong
DHAKA — Inbound remittance transfers sent home by non-resident Bangladeshis through official banking channels reached USD 2.86 billion (USD 2.859 …
Bangladesh Financial System Faces Escalating Risk as Small Loan Defaults Spike
A sharp escalation in loan defaults among small borrowers—specifically Cottage, Micro, Small, and Medium Enterprises (CMSMEs), agricultural workers, home loan …
Bangladesh Bank Eases Cash Access for Troubled Islamic Lenders’ Clients
In a major policy shift aimed at easing hardship for distressed account holders, Bangladesh Bank has raised the emergency withdrawal …
Bangladesh Foreign Exchange Reserves Stand at $36.45 Billion
Bangladesh’s official gross foreign exchange reserves have reached $36.45 billion (36,457.02 million US dollars), reflecting the latest financial standing of …
Taka Foreign Exchange Rates Tracked amid Surging Remittance Demand
With more than ten million Bangladeshi expatriates residing and working across the globe, monitoring foreign exchange fluctuations remains an essential …
Saudi Arabia Remains Primary Engine as Bangladesh Remittances Top 32 Billion Dollars
Saudi Arabia has solidified its position as the principal source of expatriate earnings for Bangladesh, channeling 5.28 billion dollars into …
IMF Reform Directives Trigger Accelerated Depreciation of Bangladeshi Taka
Bangladesh’s international trade and commercial landscape continues to expand in alignment with global economic shifts, driving notable volatility across major …
Janata Bank Faces UAE Closure Over Staggering Paid-Up Capital Shortfall
The overseas presence of state-owned Janata Bank faces an unprecedented crisis as its four long-standing branches in the United Arab …
Market Velocity Pulls Back as Trading Concentrates in Ten Tickers
Amid the broader midday sell-off across the Bangladeshi capital market, overall transaction velocity thinned out across secondary boards. A significant …