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 to float exchange, lending rates by June: Rouf Bangladesh Bank is expected to go for floating exchange and lending rates by June next as part of an effort to reform its financial sector. “Now we’re working on introducing the market-based foreign-exchange and lending rates for a better outcome,” BB
Read MoreTk 7.46t budget likely for next fiscal year A yet bigger budget worth Tk 7.46 trillion may be in the making for Bangladesh for the forthcoming fiscal year (FY), sources said, although the current one is trimmed for revenue-expenditure mismatch. According to the sources, Finance Minister AHM Mustafa Kamal may
Read MoreBB working to scrap interest rate ceiling The Bangladesh Bank has taken an initiative to scrap the 9 per cent interest rate ceiling and introduce a market-based interest rate on loans. “We are working on the development of a market-based reference rate. On top of that, we will be giving
Read MoreBB doubles limit for inward remittances sans declaration In order to facilitate inward remittances, the Bangladesh Bank has increased the limit for Bangladeshi nationals to bring in their service income without declaration from $10,000 to $20,000. This means Bangladeshi nationals working abroad can now send up to $20,000 or its
Read MoreCenbank races for IMF’s $3b reserve goal by June The Bangladesh Bank needs to rebuild more than $3 billion foreign exchange reserve in four months by June as per performance criteria set by the International Monetary Fund (IMF) to get the second tranche of the $4.7 billion loan package –
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