Forex

Forex

Dollar boosted by US Treasury yields surge, British pound drops

The US dollar climbed to its highest in more than five weeks, while other major G10 currencies dropped, as higher US Treasury yields made the dollar more attractive to investors.

Dollar boosted by US Treasury yields surge, British pound drops

BB relaxes foreign exchange rules for private travel abroad

Authorised Dealer banks have been allowed to endorse or set travel entitlements to concerned Bangladesh nationals in international cards for multiple years

Bangladesh Bank headquarters

Afghan economic meltdown would be ‘gift for terrorists’: UN chief

Much of the Afghan central bank’s $10 billion in assets are also parked overseas, where they have been frozen since the Taliban came to power last month

UN Secretary-General Antonio Guterres speaks during a news conference before a meeting with Spain's Prime Minister Pedro Sanchez at Moncloa Palace in Madrid, Spain, on 2 July 2021

Dollar price on the rise

Though beneficiaries of wage earners’ income and exports are happy over the rise in dollar price but pressure mounts on importers

Dollar price on the rise

US has no plans to release billions in Afghan assets

The Biden administration has no plans to release billions in Afghan gold, investments and foreign currency reserves parked in the United States that it froze after the Taliban's takeover

US has no plans to release billions in Afghan assets, Treasury says

Another sexually abused woman returns to Bangladesh from Saudi Arabia with baby boy

Her employer terminated her contract, she was sexually abused, sent to jail and finally forced to leave

Another sexually abused woman returns to Bangladesh from Saudi Arabia with baby boy

India's forex reserves rise by over $2.8b

India's foreign exchange reserves rose by $2.865 billion during the week ended 21 May

India's forex reserves rise by over $2.8b

Forex reserves hit record high of over $45 billion

The country’s foreign exchange reserves today hit a new record of over $ 45 billion despite Covid-19 pandemic

Forex reserves hit record high of over $45 billion

Infrastructure dev funds

Payra port first to get funds from forex reserves

The Payra Porth Authority is going to receive the first ever credit equivalent to Tk 54.17 billion from the Bangladesh Infrastructure Development Fund (BIFD)

Location of Payra Port

Forex reserve crosses record $44b

Remittance stood at $1.49 billion in the first 23 days of February in contrast to $1.24 billion in the same period a year ago

Forex reserve crosses record $44b
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