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A service for FOREX trading professionals · Tuesday, May 27, 2025 · 816,599,888 Articles · 3+ Million Readers
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Bangladesh Forex News Monitoring

  • Published on 18:16 GMT

    Foreign exchange student from Bangladesh reflects on year in Maricopa

    Tayeba Tashbiba Waliza packed in a hurry.  She had four days between finding out she was leaving her hometown in Bangladesh and boarding a plane to Washington, D.C. It wasn’t enough time to say goodbye properly. It wasn’t enough time to overthink or even …

    Source: InMaricopa - Arizona - Neutral
  • Published on 07:21 GMT

    Bangladesh projects cautiously optimistic economic...

    Bangladesh’s Planning Commission recently projected a cautiously optimistic economic outlook for May and June this year, backed by ongoing reforms and a stabilising macroeconomic environment.Economic recovery is expected to gain momentum, buoyed by …

    Source: Fibre 2 Fashion - Pending
  • Published on 19:17 GMT

    US remittance tax could be a Tk 5,000cr hit for migrants: CPD

    A proposed 3.5 percent tax on outbound remittance can raise costs incurred by Bangladeshi migrants sending money back home from the US to nearly Tk 5,000 crore annually, said a local think tank yesterday. Currently, the average cost of sending remittances …

    Source: Daily Star - Neutral
  • Published on 14:13 GMT

    Prof Abu Ahmed slams central bank's tight monetary policy, fears depression

    Eminent economist Professor Abu Ahmed has warned the country’s economy might witness depression due to the tight monetary policy of the central bank to fight inflation. “This is not a good policy for our economy,” he said while talking to UNB over …

    Source: Bangladesh Post - Pending
  • Published on 20:07 GMT

    Why RBI wants Indian banks to give rupee loans to foreigners

    The Reserve Bank of India (RBI) wants Indian banks to give loans to foreigners in rupees . The RBI has approached the Centre asking for permission to do so. The central bank’s move is the latest step towards the internationalisation of the rupee. But what …

    Source: Firstpost - Center-right
  • Published on 03:48 GMT

    How the FY2026 budget can make a difference amid challenges

    The national budget for the 2025-26 fiscal year, set to be published on June 2, comes at a critical economic crossroads. It assumes crucial importance in steering the country towards a stable economic condition. Weak management and lack of governance …

    Source: Daily Star - Neutral
  • Published on May 26, 2025

    Floating taka a bold move with high stakes

    Bangladesh has taken a long-awaited and consequential step by officially floating the taka. This marks the end of a tightly managed exchange rate regime that, for years, concealed deeper imbalances in the economy. While partly driven by necessity, …

    Source: Daily Star - Neutral
  • Published on May 26, 2025

    Govt expects gross reserves to reach $34b by June next year

    The interim government expects the country's gross foreign exchange reserves to rise to $34.4 billion by the end of the fiscal year (FY) 2025–26, buoyed by strong remittance inflows, export performance, and budgetary support from development partners. …

    Source: Daily Star - Neutral
  • Published on 06:57 GMT

    Sri Lanka crosses one million tourist arrivals ahead of schedule in 2025

    May 27, Colombo (LNW): Sri Lanka’s tourism industry has marked a major milestone, with over one million international visitors arriving in the country by late May—reaching the symbolic figure significantly earlier than in the previous year. This uptick …

    Source: Lanka News Web - Pending
  • Published on 05:01 GMT

    RBI seeks nod for overseas Re lending to neighbours

    New Delhi: RBI is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said. RBI has asked the federal government to allow domestic banks and …

    Source: ETCFO.com - Pending
  • Published on May 26, 2025

    RMG exports may drop $2b this year

    Bangladesh's RMG exports may suffer this calendar year owing to an increase in tariffs in the US, the possibility of a reduction in shipments to India, and energy shortages, according to a forecast by Bloomberg Economics. It said the headwinds could …

    Source: Daily Star - Neutral
  • Published on May 22, 2025

    BB warns against forex hoarding

    Bangladesh Bank Governor Dr Ahsan H. Mansur Thursday gave a clear message to the aggregators in particular against getting involved in foreign-exchange hoarding to make a killing on the market-driven exchange regime. "Don't hold (US) dollars. How …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 22, 2025

    Bangladesh Bank simplifies overseas money transfer for language courses

    The Bangladesh Bank has simplified the process to send money for students studying in language education courses abroad. The Foreign Exchange Policy Department of the central bank issued a directive with immediate effect on Thursday, reports UNB. The …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 26, 2025

    Mauritius Faces Sectoral Strain Ahead of FY26 Budget

    Introduction  As Mauritius prepares its FY2025/26 (FY26) Budget, the newly elected government faces the challenge of  stimulating growth and maintaining fiscal sustainability, while managing the costs of its election pledges. The  budget will need to …

    Source: Textile Value Chain - Pending
  • Published on May 25, 2025

    Will the budget offer a path out of the debt spiral?

    Bangladesh's debt burden is inextricably linked to the nature of its political system. Over the decades, authoritarian and autocratic regimes have forced rapid increases in debt. During General Ershad's regime, between 1982 and 1990, foreign debt …

    Source: Daily Star - Neutral
  • Published on May 26, 2025

    RBI said to be seeking approval for overseas rupee lending to neighbours

    India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said. The Reserve Bank of India (RBI) has asked the federal …

    Source: The Economic Times - Pending
  • Published on May 26, 2025

    Agriculture: From export failure to import fix

    A large trade deficit has remained one of Pakistan’s most persistent and deep-rooted structural economic challenges. In the past, this chronic imbalance between imports and exports has led to the accumulation of huge foreign debt and a continuous depletion …

    Source: Dawn - Center-left
  • Published on May 25, 2025

    Further delay likely as interim govt also moves slowly

    Bangladesh's delay in constructing its first crude-oil refinery after independence is set to linger further as the interim government is also in the slow lane to implement the project like the previous ones. Bangladesh had "failed" to build …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 25, 2025

    Why consumption-led growth is failing

    Listen to article ISLAMABAD: Pakistan's economy is trapped in a structural bind: a consumption-led growth model drives up imports, suppresses exports, and widens tax revenue shortfalls, while an overreliance on regressive withholding taxes – deducted …

    Source: The Express Tribune - Indeterminate

06 days 05:56:32

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