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Tags : dollar


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FY25 national budget on June 6

The national budget for the financial year 2024-2025 will be announced on June 6 in parliament against the backdrop of persistent dollar shortages and...

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US stocks rise on tech outlook as yen rebounds

The yen rebounded Monday from a 34-year low against the dollar after what some traders speculate could have been the first intervention by Japanese authorities to support the weakening currency since late 2022...

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Banks’ forex holdings drop in March

The volume of foreign currencies held by the country’s commercial banks dropped in March amid increased demand, driven by a severe shortage of...

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De-dollarization and BRICS’ ascendancy

IN THE aftermath of the prolonged conflict between Russia and Ukraine and the aggravating Middle East crisis, where escalating humanitarian crises compound existing tensions, the global landscape has undergone...

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Dollar deposits by banks drop

The Bangladesh Bank has received about $1.48 billion from banks under its currency swap arrangement which began on February 15...

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BB sells $11.67b to banks in 10 months

The Bangladesh Bank sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months amid a severe dollar crisis faced by the country’s banks...

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Import restrictions bring no major let-up

Import restrictions on luxury items and other policies implemented by the government during the past two years have failed to tackle the dollar shortage and ease the economic crisis.

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