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A service for FOREX trading professionals · Sunday, November 24, 2024 · 763,425,729 Articles · 3+ Million Readers
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Bangladesh FOREX Trading Newswire

  • Published on Nov 21, 2024

    Foreign exchange act requires overhaul

    Ghana's Foreign Exchange Act needs urgent revision to account for the growing influence of financial technology companies in the currency market, banking expert, Dr Richmond Atuahene has advised. Speaking against the backdrop of recent foreign exchange …

    Source: Business Ghana - Label Pending
  • Published on Nov 22, 2024

    Bangladesh may receive $1.1b ADB, WB aid in December

    Bangladesh may receive US$1.1 billion in December from two major financiers in much-awaited budget-funding credits as negotiations are capped with consent, officials said Friday, while search is on for boosting forex reserves. The Asian Development Bank ( …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on 16:18 GMT

    Finance adviser for ensuring social justice, social welfare

    Finance adviser for ensuring social justice, social welfare DHAKA, Nov 24, 2024 (BSS) - Finance adviser Dr Salehuddin Ahmed today emphasized the ensuring social justice, social security, social welfare  as well as equitable and inclusive growth.   " …

    Source: Bangladesh Sangsbad Sangstha - Label Pending
  • Published on Nov 22, 2024

    Moody’s downgrade doesn’t reflect economic progress since July upsurge: Bangladesh Bank

    Bangladesh Bank (BB) has discounted the  Moody’s recent downgrade of Bangladesh’s sovereign credit rating, arguing it does not accurately reflect the significant political and economic progress made since July 2024. according to a press release on Thursday …

    Source: United News of Bangladesh - Label Pending
  • Published on Nov 21, 2024

    Pakistan’s first direct cargo ship reaches Bangladesh’s Chittagong port

    A Pakistani cargo ship has reached Chittagong Port in Bangladesh after a long hiatus in a significant development for Pakistan-Bangladesh trade relations — a milestone marks a promising step towards strengthening economic ties between the two nations. …

    Source: Samaa - Uncategorized
  • Published on Nov 20, 2024

    Limit raised for forex endorsement by money changers

    Star Business Report Thu Nov 21, 2024 12:00 AM Last update on: Thu Nov 21, 2024 12:07 AM Bangladesh Bank (BB) has doubled the limit for the endorsement of foreign currencies at money exchange houses for travels abroad. From now, a traveller can endorse a …

    Source: Daily Star - Neutral
  • Published on Nov 23, 2024

    CBM attends High-Level Policy Conference of Global South’s Central Banks

    November 24, 2024 Myanmar News Agency 9 Central Bank of Myanmar Governor Daw Than Than Swe participates in the High-Level Policy Conference of Central Banks from the Global South organized by the Reserve Bank of India in Mumbai from 20 to 22 November. The …

    Source: Global New Light Of Myanmar - Gov't Propaganda
  • Published on Nov 20, 2024

    ‘Heightened political risks, lower growth’. Why Moody’s has downgraded Bangladesh’s economic outlook

    New Delhi: American ratings agency Moody’s has cited “heightened political risks” and “lower growth” as reasons behind downgrading Bangladesh’s long-term economic rating from B1 to B2, and changing outlook from “stable” to “negative”. The agency said these …

    Source: The Print - Neutral
  • Published on Nov 23, 2024

    Manufacturers count higher cost of production

    Producer prices in Bangladesh rose significantly under the impact of tightening monetary policies and restrictions on imports, with an adverse domino effect on the economy. The Producer Price Index (PPI), which tracks the prices businesses receive for …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 23, 2024

    Moody's downgrade ratings require rethink: BB rebuttal

    Downgrade ratings of Bangladesh by Moody's didn't appropriately reflect the positive changes in the political and economic areas following the mass uprising, says central-bank rebuttal that also requests a rethink. In a statement, the Bangladesh …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 21, 2024

    Moody’s ratings don’t reflect political, economic changes: BB

    The recent downgrade of Bangladesh ratings by Moody's does not appropriately reflect the positive changes in political and economic areas following the mass uprising that ousted the Awami League-led government and led to the installation of an interim …

    Source: Daily Star - Neutral
  • Published on Nov 22, 2024

    Moody’s rating not appropriate: BB

    Photo : BSS DHAKA, Nov 22, 2024 (BSS)- Bangladesh Bank (BB) today said recent ratings by international rating agency Moody’s didn’t appropriately reflect the positive changes that happened in the political and economic areas following the mass uprising and …

    Source: Bangladesh Sangsbad Sangstha - Label Pending
  • Published on Nov 22, 2024

    With economy in freefall, Pakistan’s global standing hits a new low

    In recent years, the Pakistani passport, often referred to as the ‘green passport’, has seen a significant decline in global rankings by various rating agencies. The Henley Passport Index, a ranking of all the world’s passports, places Pakistan jointly …

    Source: Firstpost - Center-right
  • Published on Nov 22, 2024

    Diversifying export basket: Cash incentives for juice, drink exporters

    The interim government will provide cash incentives for exporters of different types of juices and drinks, made from locally produced fruit pulp, with an eye to diversifying Bangladesh's export basket. Allied exporters will receive a 10-per cent cash …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 21, 2024

    BB announces 10pc incentive for exporting agro-processed products

    Bangladesh Bank has introduced a 10 per cent cash incentive for the export of agricultural and agro-processed products. This incentive will apply specifically to juices and drinks made from locally produced fruit pulp, allowing exporters in this sector to …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 21, 2024

    We are only facilitators, not rulers: Yunus

    The interim government that took the helm of Bangladesh amid high expectations completed its 100 days in office recently. These few months have been fraught with challenges for Chief Adviser Professor Muhammad Yunus. The Daily Star Editor and Publisher …

    Source: Daily Star - Neutral
  • Published on Nov 21, 2024

    HC orders panel to determine illegal Indian, Lankan workers

    Umpteen Indian and Sri Lankan nationals allegedly work in Bangladesh's shipping industry without work permit and unlawfully take out thousands of dollars, while the country faces foreign-exchange crunch. Because of unauthorized engagement of foreigners …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Nov 21, 2024

    India’s inbound tourism surges, boosting economy and global appeal

    India’s inbound tourism surpasses 2023 figures, with 9M FTAs and USD 15.3B earnings. Government initiatives drive growth and global positioning. NEW DELHI, INDIA – India‘s inbound tourism sector has shown remarkable recovery and growth, surpassing the 2023 …

    Source: TravelDailyNews Asia-Pacific - Label Pending
  • Published on Nov 20, 2024

    Rising taka-dollar exchange rate affects trade competitiveness

    Businesses lose out as the real effective exchange rate (REER) index rose to 102.97 in October from 100.40 in September that signals a decline in the competitiveness of Bangladesh's currency in international trade, sources say. According to the latest …

    Source: The Financial Express Bangladesh - Pro-Government

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