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Regulator smells plot to destabilise BD forex mkt

Dhaka, April 8 -- Bangladesh Bank smells a plot by vested groups to destabilise exchange rate through creating artificial crisis on Bangladesh's foreign-exchange market to cash in on the Mideast mayhe... Read More


Pumping higher volume of reserve money into banks adds to inflation

Dhaka, April 5 -- A resurgence in funnelling reserve money into the market through cheap state credits to banks and dollar buy from them through regulatory intervention is stoking fears of higher infl... Read More


ATM, internet banking, mobile financial services feel pressures of Eid rush

Dhaka, March 18 -- Automated banking transactions surge amid festival splurges with ATMs (automated teller machines), internet banking and MFS (mobile financial service) feeling pressures of Eid rush.... Read More


Fixed deposits with banks drop for optional switch, uncertainty

Dhaka, March 14 -- Fixed deposits with banks have been on the wane for reasons like optional switch to better instruments and FDR liquidation to defray election spending or for perceived vote-related ... Read More


Forex rate rises as market heats up

Dhaka, March 10 -- After months of a regulated stability, Bangladesh's foreign-exchange market suddenly starts heating up with exchange rate recording nearly a 30-paisa rise in a day, sources say. Of... Read More


BB to phase out 14-day repo from May 3

Dhaka, Feb. 28 -- The existing repo facilities are being squeezed further as the Bangladesh Bank (BB) is set to phase out its 14-day liquidity window in a move to make banks manage funds more efficien... Read More


Jul-Jan LC opening up 2.41pc, settlement down 1.21pc

Dhaka, Feb. 24 -- Despite a modest increase in import orders, Bangladesh's import-bill settlement declined during the first seven months of the current fiscal year, reflecting subdued industrial deman... Read More


BB cuts down-payment requirement to 1.0pc

Dhaka, Feb. 22 -- Current 2.0-percent mandatory down payment to get default loans regularised has been halved in a latest government measure to stem non-performing loan (NPL) buildup in Bangladesh's b... Read More