Economy / Bangladesh

Argentina's economy expected to grow 5.8 per cent y/y in May

Argentina's economy expected to grow 5.8 per cent y/y in May

Argentina's economic activity likely expanded 5.8% year-on-year in May, marking its eighth-consecutive month of growth, according to the median forecast in a Reuters poll. The poll of 11 local analysts showed an average forecast for 5.9% growth in Latin America's third-largest economy, with estima


Short-term foreign loans down 7.42pc in year

Short-term foreign loans down 7.42pc in year

The country’s short-term foreign debt declined by 7.42 per cent year-on-year, driven by higher repayments than new borrowing amid ongoing political and economic uncertainties. Latest data from Bangladesh Bank (BB) on Thursday shows outstanding short-term loans stood at $10.22 billion at the

Dollar purchases through auction boosts reserves

Dollar purchases through auction boosts reserves

Bangladesh Bank’s foreign currency reserves have edged up after the central bank bought nearly half a billion dollars from commercial banks through two auctions this week, the first of their kind in the country. On Wednesday, Arief Hossain Khan, the central bank spokesperson, said the countr

External debt up 6.0pc YoY to $104.76b in March

External debt up 6.0pc YoY to $104.76b in March

Bangladesh's overall external debt rose by around 6.0 per cent to US$104.76 billion in March 2025, which was around $6.0 billion higher from the corresponding period a year ago when the volume was $98.93 billion, according to the latest data from the Bangladesh Bank. The rise is mainly attributed

S&P Global retains BD banking sector in high-risk category

S&P Global retains BD banking sector in high-risk category

S&P Global Ratings, one of the world's three major credit rating agencies, has retained Bangladesh's banking sector in one of its highest risk categories in its midyear Banking Industry Country Risk Assessment (BICRA). In its latest report released on July 16, the global agency rated Bangladesh's

WB appreciates reforms, reaffirms dev funding

WB appreciates reforms, reaffirms dev funding

Newly appointed World Bank Vice President for South Asia Johannes Zutt extended Bank's strong support for Bangladesh's inclusive growth and appreciated Chief Adviser Professor Muhammad Yunus-led interim government's reform agenda in the economic sector, officials said. A spokesperson for the CA Of

Central bank buys $313m in fresh move

Central bank buys $313m in fresh move

In a renewed effort to stabilise the exchange rate of the US dollar against the Bangladesh Taka (BDT), the central bank stepped into the foreign-exchange market once again on Tuesday, with a buy of US$313 million through an auction. This marked the Bangladesh Bank's (BB) second intervention in jus

17 pvt banks sign MoU to support Universal Pension Scheme

17 pvt banks sign MoU to support Universal Pension Scheme

In a move to strengthen the implementation of the Universal Pension Scheme, the National Pension Authority (NPA) signed Memorandum of Understanding (MoU) with 17 private banks on Monday. The deal aims to streamline registration, contribution collection, and API (Application Programming Interface)

Dilatory diversification keeps exports undersized

Dilatory diversification keeps exports undersized

  None but apparel, leather crosses billion-dollar earnings   Bangladesh misses out on trade opportunities for tardy export diversification as not a single sector save apparel and leather could cross billion-dollar-earning mark over the years, analysts remind at this time of marketing-

Call money market falters amid trust deficit

Call money market falters amid trust deficit

The call-money market's vibrancy continues to wane as trust deficit in the banking sector prompts the switch of the affluent banks' surplus funds to the state-secured standing deposit facility (SDF) despite lower gains. Because of the switch, the volume of cash deposits in the SDF continued balloo

T-bill yields drop as banks turn to risk-free investments

T-bill yields drop as banks turn to risk-free investments

Yields on treasury bills (T-bills) dropped significantly on Sunday, as banks opted to park their excess liquidity in risk-free government instruments amid subdued private sector credit demand. The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills fell to 11.58 per cen