• Images

    Bangladesh Bank’s dollar purchase slows in Jan as imports picking up

    HM Murtuza | Updated at 01:54am on February 09, 2021

    Bangladesh Bank’s dollar purchasing spree slowed in January as demand for the greenbacks from businesses rose in the month amid a gradual increase in imports....

  • Images

    Bangladesh Bank purchases $3.6b in July-Oct

    HM Murtuza | Updated at 10:24pm on November 03, 2020

    The Bangladesh Bank purchased around $3.6 billion from the country’s banking sector in four months (July-October) of the current fiscal year 2020-2021 with a view...

  • Images

    Cuba to eliminate dollar tax to boost economy

    Agence France-Presse . Havana | Updated at 10:34pm on July 17, 2020

    Cuba will eliminate on Monday the 10 per cent tax it previously levied on the use of the US dollar — and widen the categories...

  • Images

    BB injects Tk 7,386cr into banking system against dollars in 4 months

    HM Murtuza | Updated at 10:33pm on July 08, 2020

    The Bangladesh Bank has injected around Tk 7,386 crore in the country’s banking system during the coronavirus pandemic by way of purchasing dollars from the banks....

  • Images

    Dollar marching high as export, remittance slump

    HM Murtuza | Updated at 09:45pm on April 21, 2020

    The Bangladesh Bank has resumed selling dollars on the country’s financial market due to a shortage of the greenbacks and a rise in the dollar...

  • Images

    Dollar demand slides in July-Dec on trade slowdown

    Staff Correspondent | Updated at 10:20pm on December 22, 2019

    Demand for the US dollar on the local market witnessed a significant drop in more than five and a half months of the current fiscal...

  • Images

    Bangladesh Bank lets taka devaluation after 5 months as exports fall

    Staff Correspondent | Updated at 12:00am on October 14, 2019

    The Bangladesh Bank has started allowing devaluation of the taka against the US dollar after a five-month lull to support exporters as the country’s export...

  • Images

    Could cryptocurrency dethrone the dollar?

    Agence France-Presse . London | Updated at 12:37am on September 02, 2019

    Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook’s Libra, could one day replace the dollar as king of...

  • Images

    Global stocks flat, dollar dips

    Reuters . London | Updated at 12:00am on July 13, 2019

    World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day...

  • Images

    Weaponizing the dollar

    | Updated at 12:00am on July 10, 2019

    THE signs are mounting steadily now. As the Trump administration weaponizes the dollar in defence of American hegemony, it is prompting many other nations to...