Where will the money come from?

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 […]

FX rises to highest level since August on Fed bets, COVID policy pivots to China

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 beats Abahani to reach Independence Cup final

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 […]