Bangladesh's merchandise-export earnings during the first seven months of the current fiscal year stayed on a negative growth trajectory as main earner garment shipments to major EU countries and other destinations contracted. Germany and France are among the major destinations in the European Uni
Bangladesh Bank (BB) is set to release a new 10-taka denomination banknote on Tuesday as part of its new series titled “Historical and Archaeological Architecture of Bangladesh.” The new note, bearing the signature of Bangladesh Bank Governor Dr. Ahsan H. Mansur, will be issued initial
Bangladesh Bank (BB) on Monday purchased $218.50 million from 16 commercial banks through multiple auction methods as part of its ongoing strategy to curb the depreciation of the US dollar against the taka and revitalise the remittance and export sectors. According to central bank data, it bought
An additional financing agreement and a grant agreement were signed yesterday between the government of Bangladesh and the International Development Association (IDA) of the World Bank (WB) Group for an amount of US$ 150 million loan and US$0.75 million grant to implement the “Recovery and Ad
Finance Adviser Salehuddin Ahmed has cautioned that major economic challenges lie ahead for the next elected government, noting that while the interim administration has managed to bring relative stability to the economy, further reforms are needed. He made the remarks on Monday while speaking at
