Business leaders on Thursday urged the central bank to reinstate single-digit lending rates. They deplored that ramped-up interest, currently hovering above 14 per cent, was harming business growth, investment and global competitiveness. The strong plea for rate cut was made during a meeting with
Inflow of remittances witnessed 14.4 percent (pc) growth, reaching US$8,390 million during the period from July 1 to October 8, 2025 which was $7,332 million during the same period of the previous fiscal year. According to the latest data of Bangladesh Bank (BB) issued, expatriates sent remittance
Bangladesh’s economy grew by 3.69 percent in the last fiscal year (FY25), driven by moderate performances by the agriculture, industry and services sectors. According to the latest data by the Bangladesh Bureau of Statistics (BBS), the GDP growth rate during the 4th or the April to June quar
Business leaders have urged the Bangladesh Bank (BB) to take necessary initiatives for a reduction in interest rates of bank loans to single digits. They highlighted the banking challenges faced by export-oriented industries, urging the formation of a special committee within Bangladesh Bank to ad
Bangladesh Bank (BB) on Thursday purchased US$107 million from 10 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. The central bank set a cut-off rate of Tk
