Bangladesh Bank eases online visa processing fee payment
International cards, both debit and prepaid, can be used for online payments of visa processing fees, said the Bangladesh Bank today, as it moves to facilitate smooth transactions. In this context, authorised dealers (ADs) may issue international cards in the name of official designated by nominated agents. The BB has asked ADs to report such foreign exchange transactions to the Foreign Exchange Operation Department of the central bank as well. Visa processing fees, among others, collected through nominated resident agents of foreign embassies can be remitted abroad to the bank accounts designated by embassies or their home offices.
Source: https://www.thedailystar.net/business/banking/news/bangladesh-bank-eases-online-visa-processing-fee-payment-3069211
Taka falls again, USD 1 now Tk 93.95
The US dollar today became more costlier as the local currency depreciated once again in the inter-bank platform. The exchange rate of the taka stood at Tk 93.95 per dollar today in contrast to Tk 93.45 on Tuesday.The exchange rate of the taka was Tk 84.80 against each dollar on July 13 last year. The country’s foreign exchange market is facing a shortage of US dollars due to the soaring import payments and the declining trend of remittance. Between July and May of the last fiscal year, imports went up by 39 per cent year-on-year to $75.40 billion, while exports grew 33 per cent to $44.58 billion. During the period, this resulted in a record trade deficit — the gap between exports and imports — of $30.81 billion, up 48.8 per cent year-on-year.Remittance, the cheapest source of foreign currencies for Bangladesh, fell 15 per cent year-on-year to $21.03 billion in fiscal 2021-22.
Source: https://www.thedailystar.net/business/news/taka-falls-again-usd-1-now-tk-9395-3069436
Eastern Bank Ltd (EBL) has clinched Visa Excellence Award in four different categories at the Visa
Eastern Bank Ltd (EBL) has clinched Visa Excellence Award in four different categories at the Visa Leadership Conclave-Digital Payments for Smart Bangladesh 2022 held at the Sheraton Hotel in the city recently. Ali Reza Iftekhar, Managing Director and CEO; M. Khorshed Anowar, DMD and Head of Retail and SME Banking; Nahid Farzana, Head of Cards of EBL received the awards on behalf of the bank.
Source: https://today.thefinancialexpress.com.bd/stock-corporate/eastern-bank-ltd-ebl-has-clinched-visa-excellence-award-in-four-different-categories-at-the-visa-1657726330
Local and Global Stock Indices *
Index Name | Close Value | Value Change | Percentage Change |
---|
DJIA | $ 30,772.79 | ↓208.54 | ↓0.67 % |
FTSE100 | $ 7,156.37 | ↓53.49 | ↓0.74 % |
Nikkei 225 | $ 26,658.18 | ↑179.41 | ↑0.68% |
World Commodities *
Commodity | Close Value | Value Change | Percentage Change |
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Crude Oil (WTI) | $ 96.87 | ↑0.57 | ↑0.59% |
Crude Oil (Brent) | $ 100.26 | ↑0.69 | ↑0.69% |
Gold Spot | $ 1,730.52 | ↓4.99 | ↓0.29 % |
Major Currencies Exchange Rates Movement in Last Seven Days *
Exchange Rates |
---|
USD 1 | BDT 93.4500
|
GBP 1 | BDT 111.1027 |
EUR 1 | BDT 93.8238 |
|
*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<
* Exchange Rates are taken from BB website, as on latest update.<