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
Bank time deposits surge under SMART push Time deposits in banks increased by Tk 865.9 billion to Tk 14.82 trillion in July-March period of this fiscal year mainly because of rate rise under uncapped interest regime. The upturn began in July when the industry introduced a new benchmark called SMART
Read MoreBanks sell dollar at more than Tk 118 as pressure mounts Most banks in Bangladesh are quoting more than Tk 118 per US dollar, which is above the official exchange rate as per the crawling peg system, said bankers and businesspeople. The Bangladesh Bank introduced the new system to manage
Read MoreOnline tax returns can bring $32b extra revenues annually Bangladesh can raise an additional $32.6 billion in revenues annually within the next four years if the electronic filing of tax returns can be ensured, said the Centre for Policy Dialogue (CPD). This is around 5 percent of the nation’s gross
Read More$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
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