The Bangladesh Bank is expected to continue its contractionary monetary policy for the second half of the current fiscal year while maintaining the policy rate unchanged at 10%, as the rising ...

Bangladesh’s gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed ...

The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to “avoid any speculative role” by foreign currency market aggregators.

Following the directives, banks had been offering remittance dollar rates between Tk121.50 and Tk122. However, the growing pressure from overdue import payments has led to intense competition among ...

More than seven months after introducing the crawling peg exchange rate system to stabilise the foreign exchange market, the Bangladesh ... 119 per dollar from Tk 117 on December 31. Bank insiders ...