All Finance

Holy Shab-e-Qadr today

Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader

KNF attack to loot money and show capability: RAB

Kidnapped manager of Sonali Bank returns to his family

Home Minister to visit Bandarban tomorrow to inspect situation

Reserves fall to $19.98 billion

Dhaka, March 22: On March 6 of this month, the country's foreign exchange reserves were 2,634 crore dollars. On Wednesday (March 20), reserves stood at USD 2,525 crore, and according to BPM-6, the current reserve amount is 1,999 crore or 19.98 billion dollars, which was 2,115 crore dollars on March 6. According to that, gross (total) reserves fell by 109 crore dollars in 14 days and as per BPM it fell by 116 crore dollars.

Central Bank's protest over the reserve account

Own Correspondent, Dhaka, 30 November 2023: Bangladesh Bank has protested over a report on the front page of a national daily titled 'Usable reserves fall below $16 billion' on Tuesday.

Usable reserves fall below $16 billion

Dhaka, Nov 28: Dollar crisis began in the country after the the Russia-Ukraine war started. The crisis is not over yet. Bangladesh's reserves are falling day by day due to the dollar crisis. Bangladesh Bank released an account of reserves last week. Usable reserve is much lower than that.

Indian rupee exchange will reduce dependence on reserves: Pranay Verma

Dhaka, July 12: Pranay Kumar Verma, the Indian High Commissioner appointed in Dhaka, said that Indian rupee exchange will reduce dependence on foreign exchange reserves. 

Reserve again reaches $31 billion mark

Dhaka, June 26: The country's foreign exchange reserves have started to return to a positive trend. The reserve increased again in two days. Reserves rose to USD 30.85 billion on Sunday. This information was obtained from Bangladesh Bank sources.

Possibility of relief in reserves is getting stronger: PM in Parliament

Dhaka, June 22: Prime Minister Sheikh Hasina said that the possibility of relief in the reserve is getting stronger in the future. The Prime Minister shared this information in response to a question from government party MP Shahiduzzaman Sarkar in the national parliament on Wednesday.

No worries about reserves: PM Hasina

Dhaka, May 15: Stating that there is no shortage of reserves in the country, Prime Minister Sheikh Hasina said that the government is only worried about having enough dollars to buy food for three months, it is not worried about reserves.

Reserve again crosses $30 billion mark

Dhaka, May 12: Bangladesh has received 507 million dollars as budget loan assistance from the World Bank. This money is added to the reserve. As a result, the country's reserves have risen above 30 billion dollars. Two days ago, the reserve was $29 billion after paying import charges.

Lowest reserves in 7 years

Dhaka, May 9: Due to Russia-Ukraine war situation, the country is facing dollar crisis. At this time, Bangladesh Bank took various initiatives to save dollars. However, the pressure on reserves is not easing. Instead, dollars are constantly being supplied to the market from the reserves to pay the import bill.

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.

There is enough reserve in the country: Sheikh Hasina

Dhaka, November 26: Prime Minister Sheikh Hasina condemned people who are misleading others about reserves, saying the country has enough reserves and that it is being used for public welfare. Her government will do everything possible for the welfare of the people, no one should suffer.

Forex reserves cross $43 billion

Dhaka, December 31: The country's foreign exchange reserves have exceeded USD 43 billion. At present, the foreign exchange reserves are USD 43.17 billion, according to an official press release of the Ministry of Finance on Wednesday (December 30).

Foreign exchange reserve exceeds $42 billion

Dhaka, December 16: Foreign exchange reserves exceeded USD 42 billion, more than at any time in the past. At the end of the day on Tuesday (December 15), Bangladesh Bank's reserves stood at USD 42.03 billion. According to the central bank, reserves have increased by more than USD 1,000 crore in the last one year.

Bangladesh receive remittance of $11 billion in five months

Dhaka, December 2: Although remittances or expatriate income declined slightly last month (November) compared to October, the newly departed remittance income increased by USD 520 million in November compared to November last year. In November, the expatriates sent 206 crore 8 lakh US dollars. In November last year, they sent 155 crore 52 lakh US dollars. In the last five months (July-November), expatriates have sent remittances worth about USD 11 billion (USD 10.904 billion). This information has been highlighted in the updated report of Bangladesh Bank.

Remittances have increased by 43 percent during four months of Covid-19 phase

Dhaka, November 2: Despite the coronavirus pandemic, the positive trend of remittances sent by expatriate Bangladeshis continues. Expatriates sent remittances of USD 2.112 billion in the recently concluded October. This information was revealed by Bangladesh Bank on Sunday (November 1).