Bangladesh’s inward remittance up by 7.0pc in August
Flow of inward remittance grows by 7.04 per cent in August last as expatriates have sent increased amount of money following celebration of the Eid-ul-Azha
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Category: Treasury
Bangladesh’s banks may open FX clearing account in RMB
Banks are allowed to open foreign currency clearing account with the central bank in Chinese yuan renminbi to facilitate bilateral foreign trade
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Bangladesh Bank sells $5.0m more to three banks
The central bank of Bangladesh sells US$5.0 million more to three commercial banks to meet the growing demand for the greenback in the market
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Bangladesh Bank sells US$2.31bn to banks in FY18
The central bank of Bangladesh sells US$2.31 billion to the scheduled banks directly in the just-concluded fiscal year to keep the market stable
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Call money rate unlikely to cross 5.0% on Thursday
The inter-bank call money rate is unlikely to cross maximum 5.0 per cent on Thursday, the last working day before the Eid vacation, bankers said
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Yield on T-bills increases significantly before Eid
The interest rates on the treasury bills (T-bills) increase significantly following unwillingness by banks to invest in the government securities ahead of the Eid
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Weekly review: Bangladesh FX market stable
Bangladesh foreign exchange (forex) market witnesses a stable trend in the last week, ended on Thursday as the central bank continues its foreign currency support to the banks, market operators said
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Bangladesh Bank sells $25m more to four banks
The central bank of Bangladesh sells US$25 million more to four commercial banks to meet the growing demand for the greenback in the market
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Bangladesh Bank sells $25m more to two banks
The central bank of Bangladesh sells US$25 million more to two commercial banks to meet the growing demand for the greenback in the market
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Bangladesh Bank sells $24m more to three banks
The central bank of Bangladesh sells US$24 million more to three commercial banks to meet the growing demand for the greenback in the market
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Cut off yield on 91-day T-bills falls further
The interest rate on treasury bills (T-bills) drops further on Sunday, as commercial banks rushed to offer bids in the auctions
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Bangladesh Bank sells $25m more to two banks
The central bank of Bangladesh sells US$25 million more to two commercial banks to meet the growing demand for the greenback in the market
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