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
$5.91 billion in offshore wealth held by Bangladeshis Bangladeshi citizens held 1.3% of Bangladesh’s GDP, or $5.91 billion in offshore tax havens in 2022, according to a report by Atlas of the Offshore World. Of this amount, 84.6% was held in Asian tax havens, with American, European and Swiss accounts
Read MoreBangladesh expands offshore banking in hunt for forex Offshore banking is increasingly becoming a key window for banks in Bangladesh to facilitate investments and international trade by attracting deposits in foreign currencies. Industry people say offshore banking can even play a crucial role in mitigating the persisting foreign currency crisis
Read MoreCredit card use up 17% in March Transactions with credit cards rose 17 percent in March compared to the preceding month thanks to higher purchasing tendency among consumers. Bangladesh Bank data showed that transactions through credit cards increased to Tk 3,490 crore in March. Of the amount, Tk 2,985 crore
Read MoreOil prices fall on prospect of higher-for-longer US rates Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated higher-for-longer interest rates, which could hinder demand from the world’s largest crude consumers. Brent crude futures settled at $82.79 a barrel, down $1.09,
Read MoreMarket-driven interest rate returns after four years After a gap of four years, the banking sector in Bangladesh has returned to a market-driven interest rate regime at the prescription of the International Monetary Fund (IMF), in order to step up its fight against elevated level of inflation. The central bank
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