TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
BB sells over $1.0b to banks in six months The central bank has injected more than US$1.20 billion so far this fiscal year into the market to help keep the country’s foreign exchange (forex) regime stable. As part of the measure, the Bangladesh Bank (BB) sold the US currency directly
Read MoreADB to provide $ 200m loan The Asian Development Bank (ADB) will provide US$ 200 million in loans to help improve the rural road network in Bangladesh. An agreement was signed between the government and the Manila-based lender in this connection on Sunday, according to a statement. The assistance supports
Read MorePCBs to map out strategy for cutting soured loans Private commercial banks (PCBs) will devise strategies for curbing the volume of non-performing loans (NLPs) in the banking system. Chairman of the Association of Bankers, Bangladesh (ABB) Syed Mahbubur Rahman has been assigned to make a ‘working paper’ in this connection
Read MoreWB revises GDP growth forecast to 7.0pc The World Bank (WB) has projected a 7.0 per cent economic growth for Bangladesh in fiscal year (FY) 2018-19. The WB has also forecast a 6.8 per cent GDP (gross domestic product) growth for the country in FY 2019-20 and FY 2020-21 each.
Read MoreGovt, WB sign $250m credit deal today The government and the World Bank (WB) are set to ink a US$250 million financing agreement today (Wednesday) for implementing the ‘First Programmatic Jobs Development Policy Credit’. The financing will be available as the first tranche of a proposed $750 million budgetary support
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