Sunday, 01 Dec, 2024

Dollar

Bangladesh’s forex reserve reaches $27.15bn with IMF loan

<p><strong>Bangladesh received $1.115 billion in the third tranche of the $4.7 billion loan package allocated by the International Monetary Fund (IMF) reaching the country&rsquo;s forex exchange reserves $27.15 billion as of Friday. &nbsp; &nbsp;</strong></p> <p>Md Mezbaul Haque, spokesperson of

Remittances hit three-year high to $23.92b in FY24

<p><strong>The country recorded inward remittance inflows worth $23.92 billion in the outgoing fiscal year (FY2023-24), the highest in the past three fiscal years, according Bangladesh Bank data released Monday.</strong></p> <p>The strong remittance inflow trajectory in recent months would help further prop up the

$16.03b: Bangladesh Bank discloses net reserve first time

<p><strong>Bangladesh Bank on Tuesday (July 2), for the first time, disclosed net international reserve (NIR).&nbsp;</strong></p> <p>According to the report, the country&rsquo;s current NIR amounts to $16.03 billion.&nbsp;</p> <p>Executive Director and Spokesperson of Bangladesh Bank

Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears

<p><strong>Cryptocurrencies plunged on Friday as investors focused on the payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.</strong></p> <p>As of 10:50 a.m. London time, bitcoin&rsquo;s price slumped nearly 6% in 24 hours to hit $54,500.53, marking the first time it&rsquo;s traded

Remittance in July fall by 3.2%

<p><strong>The country&rsquo;s remittances sent by migrant workers from abroad fell by 3.2% last month from the same period last year, largely owing to the five-day internet shutdown imposed to contain violence during the quota reform movement.</strong></p> <p>The inbound remittances were $1.97 billion in July