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Tag: Bangladesh Bank

Bangladesh Bank Settles $1.5 Billion Debt Without Using Reserves
  • Bangladesh

Bangladesh Bank Settles $1.5 Billion Debt Without Using Reserves

Nozibul Islam7 months ago04 mins

After the fall of the Awami League government, measures were taken to prevent money laundering and reduce corruption, leading to an increase in the supply of dollars in the interbank market. While there is still a liquidity crisis in the local currency, there is no longer a shortage of dollars. Consequently, without tapping into reserves,…

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The Decline of Reserves Has Stopped, Dollar Market Stabilizes
  • Bangladesh

The Decline of Reserves Has Stopped, Dollar Market Stabilizes

Nozibul Islam7 months ago7 months ago09 mins

The situation regarding the reserves has seen some improvement due to the increase in remittances from expatriates. Since August, following a political shift, expatriates have been sending a larger amount of money through legal channels, resulting in good growth in this sector. Alongside this, the decrease in import expenses and the promise of increased foreign…

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