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
Forex reserves cross USD 29.0 billion Bangladesh’s foreign exchange reserves crossed the USD29-billion mark mainly due to a dearth of investment. The amount stood at USD 29.1 billion yesterday, which is sufficient to meet the country’s import bills for 9.41 months, an official of Bangladesh Bank said the figure is
Read MoreGovernment finally cuts oil prices The government cautiously cut prices of major petroleum products, ranging from 4.41% to 10.41%, around two years after the start of global oil slump. As per an executive order issued Sunday by the Ministry of Power, Energy and Mineral Resources (MoPEMR) the downward adjustment applies
Read MoreBank recap fund in budget to be halved in FY17 The government is going to reduce the bank recapitalization fund by 50.0% in next fiscal year’s budget while an amount of BDT 30.0 billion has already been decided to be cut from the current allocation. According to a Finance Division
Read MoreFive insurers face action Five life-insurance firms are set to face action for their higher management expenses beyond the approved limits and other financial irregularities, sector-insiders said. The Insurance Develo-pment and Regulatory Authority (IDRA) already issued separate show-cause notices upon the five private-sector insurance companies this week, adjoining audit reports
Read MoreBangladesh Bank wants account of all banks’ rescheduled loans The central bank, now under a recast management following a big cyber-heist, has sought information on both rescheduled and restructured loans from all the banks for a reappraisal. Official sources said the stocktaking of bailed-out loan portfolios is meant for assessing
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