Desk Report: Bangladesh Bank bought nearly $2 billion in three months Bangladesh Bank has continued to buy surplus dollars from banks to stabilize the country’s foreign exchange market and support the flow of remittances and export earnings. The central bank has bought about 2 billion or 2 billion dollars in the first three months of the 2025-26 fiscal year. According to Bangladesh Bank, a total of 104 million US dollars (104 million dollars) were bought from 8 banks through the ‘multiple price’ auction method on Monday. At that time, the…
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Remittances worth $2.68 billion arrived in September
Desk Report: There has been an upward trend in the foreign income or remittances sent by expatriate Bangladeshis. In the just-ended September, 2.68 billion (268 crore 58 lakh) US dollars came to the country, which is about 32 thousand 757 crore taka in Bangladeshi currency (122 taka per dollar). This information has been revealed from the updated report of Bangladesh Bank. According to the report, in September, 46 crore 68 lakh 10 thousand dollars came through state-owned banks, 25 crore 82 lakh 10 thousand dollars came through specialized banks (Agricultural…
Read MoreRemittances exceed $2 billion in 21 days
Desk Report: Remittances or expatriate income has maintained a positive trend in September as well. About 2.03 billion dollars in remittances were received in the first 21 days of the month. If this trend continues, remittances could cross the 3 billion dollar mark by the end of the month. This information was revealed by Bangladesh Bank sources on Monday. Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan said that remittances of 2031 million or 2.03 billion dollars were received in the 21st of September; the amount in Bangladeshi currency…
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