Economy

Price stability, export demand, import costs in jeopardy

Price stability, export demand, import costs in jeopardy

Ongoing geopolitical tensions pose near-term risks to Bangladesh's price stability, export demand and import costs, the central bank says in the wake of the worst ruckus in the Mideast. The Bangladesh Bank (BB) has painted such a picture on the economic downside in its latest Bangladesh Bank Quart

Forex stable, No pressure on Taka devaluation: BB

Forex stable, No pressure on Taka devaluation: BB

Bangladesh’s foreign exchange (forex) market remains stable and there is no immediate pressure to devalue the Taka, according to a recent assessment by Bangladesh Bank. The central bank said despite some media reports suggesting a possible devaluation, the supply and demand for foreign curre

WB projects Bangladesh GDP growth to slow to 3.9pc in FY 25-26

WB projects Bangladesh GDP growth to slow to 3.9pc in FY 25-26

The World Bank has drawn a challenging economic landscape for Bangladesh as it has projected the GDP growth slows down to 3.9 per cent from its earlier projection for the fiscal year (FY) 2025-26. The Bank warned of the Middle-East conflict saying it is projected to push an additional 1.2 million

Decision on fuel price hike from May likely

Decision on fuel price hike from May likely

A decision to increase fuel prices from next month may be made following discussions at a cabinet meeting, the energy minister told parliament Tuesday, reassuring that Bangladesh holds adequate stock of fuels despite global crisis. Minister for Power, Energy and Mineral Resources Iqbal Hasan Mahmu

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