BB injects $330m into market since IMF loan The Bangladesh Bank has injected $330 million into the country’s foreign exchange market since February 1 when the International Monetary Fund disbursed $476.27 million to Bangladesh as the first installment of a $4.7 billion loan. The Washington-based lender approved the loan in January
Read MoreBangladesh improves in logistics strength Bangladesh has climbed up four notches to rank 35th among the 50 most promising emerging logistics markets in the world, thanks to the country’s performance in both domestic and international logistics opportunities, according to the 2023 Agility Emerging Markets Logistics Index. However, Bangladesh has scored
Read MoreInflation rate maintains declining trend for fifth consecutive month The inflation rate eased further as it fell to 8.57 per cent in January down from 8.71 per cent last December, according to the monthly consumer price (CPI) index of the Bangladesh Bureau of Statistics (BBS). State Minister for Planning Dr
Read MoreGDP growth rate 7.10pc, per capita income $2,793 in FY22 The gross domestic product (GDP) growth rate in the country in the last fiscal year (FY22) reached a healthy 7.10 per cent braving the shocks from the Covid-19 pandemic and the Russia-Ukraine conflict. The GDP growth rate in the country
Read MoreRemittance hits five-month high Remittance flow to Bangladesh rose to a five-month high in January as banks have made an all-out effort to mobilise US dollars from abroad to overcome the stress in the foreign exchange market. Expatriates sent home $1.95 billion last month, the highest since September when $1.53 billion
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