Shawdesh desk: 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. ReadMore
Shawdesh Desk: Jewellers in the country have reduced the gold prices by Tk3,138 per bhori and the new rate will be effective from 4 pm on Tuesday. Bangladesh Jewellers Association ReadMore
Shawdesh Desk: Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report. Apart from departmental ReadMore
Shawdesh desk: The weighted average interest rate spread in Bangladesh’s banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates. According to Bangladesh Bank data, ReadMore
Shawdesh Desk: Jewellers have decreased the price of gold by Tk840 to Tk1,18,797 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local ReadMore
Shawdesh desk: The Bangladesh Bank has decided not to accept any further proposals for bank mergers at the moment, as it has already received five proposals for mergers, according to ReadMore
Shawdesh dEsk: Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — today plunged due to mainly price fall in large-cap securities. DSEX, the prime index ReadMore
Shawdesh Desk: 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 ReadMore