All Finance

Corruption is not only a problem in Bangladesh, but also in the US: Peter Haas

News of Arav Khan's arrest is not true

Shahabuddin Chuppu has no obstacle to take oath as President

Special session of Parliament to begin on April 6

23 people sentenced to death in Madaripur's Rajib murder case

Bangladesh Bank's stolen reserve likely to be returned within next few months

Dhaka, March 17: In the next few months, the entire amount of stolen reserves of Bangladesh Bank may be returned. After the Federal Court's ruling last January, the Philippine government has taken steps to return this money as soon as possible.

Bangladesh Bank lifts interest rate limit on deposits

Dhaka, January 16: Finally, Bangladesh Bank has removed the fixed interest rate on bank deposits. From now on, banks and financial institutions will be able to set their own interest rates on deposits. This announcement was made in the monetary policy announced for the last six months of the current financial year 2022-23 on Sunday.

Loan defaulters to get relief by paying half the amount

Dhaka, December 19: Loan defaulters have been given another chance. If you pay half of the loan installment that is 50 percent, you will get relief from the loan default. According to the new instructions of the central bank, he will not be identified as a defaulter if he pays half of the loan installments for the last quarter of the current year 2022 (October to December) by December.

Foreign exchange reserves fall to $35 billion

Own Correspondent, Dhaka, Oct 21: Dollar crisis in the country is at an extreme. Bangladesh Bank is providing dollars from the reserve to eliminate this crisis. And this is pulling the reserve. The country's foreign exchange reserves have further fallen to USD 35 billion. This information is known from the sources of Bangladesh Bank.

Banks will buy remittance dollars for Tk 108

Own Correspondent, Dhaka, Sept 12: The commercial banks have determined the maximum dollar price for the import, export, and remittance of the banks. From now on, if expatriates send remittances through banking channels in the country, the bank will pay a maximum of Tk 108 per dollar. If government incentives of Tk 2.50 are added, it will be Tk 110.50.

Bafeda, ABB likely to set uniform dollar rate on Sunday

Own Correspondent, Dhaka, Sept 9: There is a kind of competition between banks in buying remittances from expatriates. This situation has arisen recently due to dollar crisis in the country's market. In this case, the bank that can pay the highest price is the bank that gets the remittance. As a result, there is a kind of instability in the market. To solve this problem, the banks have recommended fixing the same price in the purchase of expatriate income or remittances.

Price of the dollar falls in open market

Own Correspondent, Dhaka, Sept 2: Recently, the country has faced a dollar crisis. Various initiatives have been taken by the government and Bangladesh Bank to overcome this crisis. Dollars are released into the market almost every day from the foreign exchange reserves of the central bank. This has also put a strain on the reserves. Reserves have now fallen below USD 40 billion.

Bangladesh Bank directs people to sell foreign currency by Sept 30 if they have more than $10,000

Own Correspondent, Dhaka, Sept 1: The central bank has ordered the sale of more than 10,000 unauthorized dollars or equivalent foreign currency brought by expatriates by September 30. That is, expatriates who have brought more than 10,000 dollars or foreign currency with them when coming to the country must sell it to an authorized dealer bank or a licensed money changer by September 30. Otherwise, legal action will be taken.

Dollars will be available at all bank branches

Own Correspondent, Dhaka, August 13: Bangladesh Bank has decided to do branch-to-branch dollar transactions in all banks of the country to reduce dependence on money exchange organizations.

5 money changers' licenses suspended, 42 show-caused

Own Correspondent, Dhaka, August 3: Bangladesh Bank has suspended the licenses of five money changers including Bismillah Money Exchange, Drawing Money Exchange and Faiz Money Exchange for manipulating dollars in the open market.

Board of Directors can give concessions and benefits to loan defaulters

Own Correspondent, Dhaka, July 19: From now on, the board of directors of the banks can decide what benefits will be given to defaulted loans. Bank owners can now decide what benefits can be given to defaulters.

Bangladesh Bank instructs to write Brahmanbaria instead of B-Baria

Own Correspondent, Dhaka, July 15: Bangladesh Bank has instructed the scheduled banks operating in the country to write Brahmanbaria instead of B-baria in all official work. On Thursday (July 14), the Department of Offsite Supervision of the central bank issued a circular in this regard.

Bangladesh Bank's new governor takes charge: Changes are coming in banks to prevent irregularities

Own Correspondent, Dhaka, July 13: Abdur Rouf Talukder has taken charge as the new Governor of Bangladesh Bank.

Bangladesh Bank gets new Governor

Dhaka, June 12, 2022: Abdur Rauf Talukder has been appointed as the Governor of Bangladesh Bank for four years.

Expatriate remittances declined in May

Own Correspondent, Dhaka, June 2: The remittance inflow has suddenly declined. Expatriates sent USD 188 crore 54 lakh in remittances in May. This figure is USD 12.55 crore less than the previous month and USD 28.57 crore less than the same period last year.