Another point is that the Bangladeshi taka is devalued at the moment, but this has not always been the case. India has no problem with its reserves. This is enough to meet import expenses for 12 months. The International Monetary Fund (IMF) itself is skeptical whether it will actually be possible for Bangladesh to ensure […]
Bangladesh Bank (BB) has approved Bangladeshi airlines and shipping companies to open foreign currency accounts, UNB reports. These shipping and airline companies are expanding their services abroad and earning foreign exchange. The central bank said in an announcement on Tuesday that companies can meet essential expenses from these accounts.
Since September, nuclear talks between Iran and world powers seeking to curb Tehran’s nuclear program in exchange for the lifting of sanctions have stalled, worsening economic hopes for Iran’s future. According to Bonbast.com, Iran’s currency has lost nearly 60% in value over the past six months. Meanwhile, the central bank said it is opening a […]
It rose 0.4 percent to trade at 76.01 against the euro and 0.1 percent to 10.41 against the yuan. The ruble will be supported by increased selling of the Chinese yuan, but will remain in a slight downside bias, broker Allor said in a note. Russia plans to sell foreign currency worth 8.9 billion rubles […]
The Indian rupee declined against the American currency on Thursday and forward premium touched this month’s highest on dollar recovery against its major peers and weak Asian cues. Rupee INR = traded at 82.76 against the dollar, down from 82.46 in the previous session. According to traders, dollar selling by a large foreign bank had […]
The dollar index slipped 0.1 percent, extending its previous session’s losses and rising in an index of emerging market currencies. 0.7 percent higher. EM currencies recovered 3.6 percent in November after five consecutive months of losses, posting their best monthly performance since March 2016. MSCI’s index for emerging market shares rose 0.8 per cent, capping […]
Sheikh Russel Krira Chakra Limited qualified for the Bashundhara Group Independence Cup final by defeating Abahani Limited 3-2 at the Bir Shrestha Flight Lieutenant Matiur Rahman Stadium in Munshiganj on Wednesday. Sheikh Russel emerged as the first unbeaten Group A champions after drawing 1-1 against Fortis FC, before defeating Bangladesh Navy (2-0) and Mohammedan SC […]
Salman F Rahman, Private Advisor to the Prime Minister on Industry and Investment, has said that the government has recognized logistics as an important sector and in these difficult times of major global disruption, they are poised to become an integral part of supply chains across the globe. are committed to. He also said that […]
National Austerity measures: Govt puts proposal for Padma, Meghna divisions on hold Sun Online Desk November 27, 2022 02:26:27 pm print news The government has put on hold the proposal to create two new divisions namely Padma and Meghna for the current financial year. The decision came after a meeting of the National Implementation Committee […]