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Bangladesh Bank Cuts Policy Rate to 9.5% After 2 Years

Bangladesh, July 30 -- The central bank of Bangladesh has cut its policy rate, or repo rate, by 50 basis points to 9.5 per cent from the existing level of 10 per cent, marking the first change in the ... Read More


ADB Appoints New Country Director for Bangladesh

Bangladesh, July 30 -- The Asian Development Bank (ADB) has appointed Qingfeng Zhang as its new Country Director for Bangladesh. He started his new role in Dhaka on Thursday. Mr. Zhang will oversee A... Read More


BB Unveils Framework for Bank-Intermediated Cross-Border Digital Payments

Bangladesh, July 29 -- The central bank has introduced a bank-intermediated framework for cross-border digital payments to modernize the payment ecosystem, enhance digital financial inclusion, and sup... Read More


BB issues framework for import trade in Free Trade Zones

Bangladesh, July 16 -- The central bank has introduced a structured framework to regulate import trade into Free Trade Zones (FTZs), aiming to facilitate transactions while ensuring prudent risk manag... Read More


BB Eases External Borrowing Rules for Foreign-Owned Industrial Enterprises

Bangladesh, July 15 -- The central bank of Bangladesh has relaxed its regulations on external borrowing by fully foreign-owned industrial enterprises, allowing them to access loans from parent compani... Read More


Bangladesh's Forex Reserves Stay Above $36.5B Despite $1.48B ACU Payment

Bangladesh, July 7 -- Bangladesh's foreign exchange reserves have once again demonstrated resilience. Despite settling US$1.48 billion in import payments to the Asian Clearing Union (ACU), gross reser... Read More


Good News for Bangladesh: OPEC+ Agrees to Boost Oil Supply

Bangladesh, July 6 -- OPEC+ has agreed to raise oil production targets again from August, extending its gradual rollback of voluntary production cuts. Seven key producers-including Saudi Arabia, Russ... Read More


Bangladesh Bank Allows FRAs to Hedge Import Financing Risks

Bangladesh, July 2 -- The central bank has taken a significant step toward strengthening interest rate risk management in trade finance by allowing the use of Forward Rate Agreements (FRAs) for import... Read More


BB Launches Pilot Framework to Digitalise Trade Documents

Bangladesh, July 1 -- The central bank has launched a pilot framework to facilitate the digital processing of trade documents under documentary collections and letters of credit (LCs), marking a major... Read More


BB Gives Four Finance Cos Three Months to Restore Viability

Bangladesh, July 1 -- The central bank has allowed four financially distressed non-bank financial companies (NBFCs) a special three-month period to restore their financial health and ensure repayment ... Read More