Economy

Regulator intervenes to rescue sinking dollar

Regulator intervenes to rescue sinking dollar

In a maiden such intervention in the foreign-exchange market, the central bank Sunday bought US$171 million from banks through an auction to buttress falling dollar. The Bangladesh Bank's latest move came in the wake of a falling trend in the exchange rate of the US currency against the Banglade

Bangladesh receives $1,071m remittance in 12 days of July

Bangladesh receives $1,071m remittance in 12 days of July

Expatriate Bangladeshis sent around US$ 1071 million remittances during the first twelve days of July in the fiscal 2025-26, according to the latest data of Bangladesh Bank (BB) issued on Sunday. This amount reflects a daily average remittance of $89.25 million sent by expatriates during the perio

RMG exports notch 8.84pc growth in FY25

RMG exports notch 8.84pc growth in FY25

The exports of Bangladeshi Ready Made Garment (RMG) showed a healthy growth of 8.84 per cent in the last fiscal year (FY25), fetching $39.35 billion despite global headwinds. According to the country-wise export data for Bangladesh for the last fiscal year (FY25) released by the Export Promotion B

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