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    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...

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    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....

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    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...

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    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...

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    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...

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    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...

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    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...

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    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...

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    Asia stocks rally as dovish Fed spurs rush to risk

    Agence France-Presse . Hong Kong | Updated at 12:10am on June 21, 2019

    The dollar and US Treasury yields fell, while Asian equities rallied Thursday after the Federal Reserve indicated it could soon cut interest rates, adding to...

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    Trump says strong dollar hurting US competitiveness

    Reuters . Oxon Hill | Updated at 12:00am on March 04, 2019

    President Donald Trump on Saturday renewed criticism of the Federal Reserve and said the US central bank’s tight monetary policy was contributing to a strong...