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
Banks asked to keep LC margin at minimum 25% The central bank has fixed the margin rate for opening import letter of credit (LC) at minimum 25% in a bid to facilitate overall currency and loan management activities in the wake of recent global trade trends.LCs for importing baby food,
Read MoreAgent banking booms but lending remains paltry Lending portfolio of fast-growing agent banking remained much lower than deposits, according to a latest report, as the bankers seem tight-fisted in disbursing loans. The report on state of agent banking, prepared for the October-December 2021 period and released Sunday by the central
Read MoreBangladesh becoming a key sweater sourcing hub Bangladesh is turning into a major sourcing hub for sweaters for international clothing retailers and brands as work orders are shifting from China and global fashion trends are changing. Chinese manufacturers are no longer interested in making sweaters because of the complexities in
Read MoreADB forecasts 6.9pc GDP growth for FY 2021-22 Bangladesh’s GDP is expected to grow 6.9 per cent in fiscal year 2021-22, according to the Asian Development Bank (ADB).The growth forecast reflects a rebound in external trade and recovery in domestic economic activities fueled by the implementation of stimulus packages and
Read MoreForex crisis spills over into call money market The ongoing strain on Bangladesh’s foreign exchange regime has created cash shortages in the banking sector, sending the interbank call money rate to a 19-month high yesterday. The weighted average rate in the interbank call money market, where banks borrow from each
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