Tag: dollar

Bangladesh Bank bought nearly $2 billion in three months

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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

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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…

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Elon Musk becomes the first $500 billion owner in history

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Desk Report: Elon Musk has set a new milestone in the list of world’s richest people. As a result of his extraordinary success in various technology sectors, including electric car maker Tesla and space research company SpaceX, his wealth has now reached $ 500 billion. This information was reported by the American magazine Forbes. According to the Forbes Billionaire Index today (October 2), Wednesday (October 2), Musk’s wealth reached $ 500 billion at one point in the day, and then at 5 pm Eastern time in the United States, it…

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OpenAI reaches $500 billion market cap milestone

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Desk Report: OpenAI reaches $500 billion market cap milestone ChatGPT maker OpenAI has set a new record for market value amid fierce competition around the world in artificial intelligence (AI) technology. The company’s value has now reached $500 billion, Reuters reported. The company confirmed this information, citing sources close to the matter. Current and former employees have sold about $6.6 billion in shares under a deal. As a result, the company’s previous valuation has reached $500 billion, up from $300 billion. It highlights the pace of OpenAI‘s user and revenue…

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Musk is now worth $500 billion, when will he become a trillionaire?

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Desk Report: Elon Musk, the entrepreneur behind companies like Tesla, SpaceX, Neuralink and X, has become the first person in human history to own a fortune of half a trillion dollars. According to Forbes’ real-time billionaires tracker, the world’s richest person is now worth $500.1 billion. Musk became the first person to own a fortune of $400 billion or more last December. He is now $150 billion ahead of second-place Oracle co-founder Larry Ellison. The South African-born businessman’s wealth is largely based on his electric car company Tesla. Musk owns…

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UK provides $36 million in aid to Rohingya

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Desk Report: The UK government has announced more than $36 million in new humanitarian aid for Rohingya refugees. The announcement comes amid fears of a crisis due to dwindling international aid for refugees in Bangladesh, according to a report by the British newspaper The Independent. Earlier this week, British Foreign Secretary Yvette Cooper unveiled the aid package. The UK took this step ahead of a key UN conference on the plight of Myanmar and its minority population, particularly the Rohingya. A statement from the British Foreign Office said the money…

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Remittances exceed $2 billion in 21 days

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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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Trump administration to sell $6.4 billion worth of weapons to Israel

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Desk Report: The Donald Trump administration has sought congressional approval for a $6.4 billion military equipment and weapons sale to Israel, Reuters reported, citing multiple sources familiar with the matter. The proposal, which was submitted to Congress on Friday (September 19), comes as the Israeli military has stepped up its offensive in Gaza City, bombarding Hamas infrastructure and forcing displaced Palestinians to flee. The news comes as world leaders gather in New York next week for the annual United Nations General Assembly, where a high-level Security Council meeting on Gaza…

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Woman buys entire company without getting CEO position

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International Desk: To survive in the business world, hard work and perseverance are not enough, you need a strong mentality and the ability to ignore the words of critics. Julia Stewart has set such an example. In the late 1990s, when she was working as the president of Applebee’s, she was told that she would never be the CEO of the company. She could not accept this insult. She left the company. She became the CEO of a rival fast food chain. Later, she bought her old workplace for $…

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