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
Call money rate hits 7% for first time in over 6 years Banks hiked interest rates on overnight loans by 25 basis points to a maximum of 7%. The hike was verbally instructed by the central bank, managing directors of several banks told The Business Standard. However, Bangladesh Bank Executive
Read MoreParliament passes Universal Pension Management Bill, 2023 The Universal Pension Management Bill, 2023 was passed in the parliament with the aim to bring the country’s growing elderly population under a universal pension scheme. Finance Minister AHM Mustafa Kamal moved the bill and it was passed by voice vote, reports UNB.
Read MoreCash-strapped banks turn to Sonali for costly fund Gripped with a severe liquidity crisis triggered by irregularities and corruption, private sector lenders Islami Bank, Al-Arafah Islami Bank and National Bank are borrowing money from state-owned Sonali Bank at 9% interest – the highest commercial lending rate at present. It is
Read MoreBangladesh retains 2nd place in RMG export to EU Apparel shipments to the European Union (EU) grew 41.76 per cent year-on-year to hit $19.40 billion in the January-October period of 2022, according to data from Eurostat, the statistics department of the EU. With this, Bangladesh retained its position as the
Read MoreEconomy improving, say two ministers While Bangladesh Bank was seeing various challenges looming over the country’s economy, two ministers yesterday said the condition of the economy was improving. “Due to the ongoing global crisis, the foreign exchange reserves are under pressure for legitimate reasons but we have gradually managed to
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