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
Banking system trails economic growth pace Bangladesh’s banking system, especially the central bank, falls behind the country’s growth, creating a mismatch, says an expert. “If you look at the major indicators of Bangladesh’s economy, including GDP and budget, it has jumped many, many times over the decades. But the banking
Read MorePrivate credit growth hits 18.36pc Private sector credit growth continues its forward thrust despite liquidity crisis and rising interest rates as businesses jump into an expansion mode. In January, private sector credit growth stood at 18.36 percent, up from 18.13 percent the previous month — and way past the ceiling
Read MoreMoF-Bangladesh Bank joint body to recover BDT 96.69 billion from 25 top defaulters A joint committee of the Ministry of Finance (MoF) and the Bangladesh Bank (BB) will be formed to realize BDT 96.69 billion from 25 top default companies. The main tasks of the proposed panel will be to
Read MoreFurther depreciation of BDT likely if trade deficit widens The ministry of finance (MoF) foresees the necessity of depreciating taka further if Bangladesh’s external financial imbalance intensifies in the second half of this fiscal year, officials said. Taka depreciated by 5.0 per cent against greenback in 2017. The worries crop
Read MoreImports soar 28pc on food grains, machinery, fuel oils The country’s overall imports jumped by more than 28 per cent or US$1.09 billion in January mainly due to higher import of food grains, capital machinery and fuel oils, officials said. The settlement of letters of credit (LCs), generally known as
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