Bangladesh's central bank creates 500-mln-USD fund to rein in foreign-exchange volatility

DHAKA, May 14 (Xinhua) -- The central bank of Bangladesh has announced to create a 500-million U.S. dollars fund to rein in the forex market. Bangladesh Bank Governor Ahsan H. Mansur made the announcement Wednesday, saying "we'll intervene in the …

IMF, Bangladesh Reach Agreement on $1.3 Billion Payout

The International Monetary Fund (IMF) announced on Wednesday that it has agreed to expand its existing multi-billion-dollar loan programme with Bangladesh and to release $1.3 billion in funds. This decision comes as the IMF projects a significant slowdown …

Bangladesh's legal advisor Asif Nazrul met LeT operative Harun Izhar

Religious minorities suffer in overflow of Bangladesh social unrest

Bangladesh (MNN) – In Bangladesh, Christians make up a tiny fraction of the population — less than one percent. As political instability and social unrest surge, vulnerable religious minorities increasingly find themselves under attack. Since early August, …

Reform Deal Reached, Bangladesh Says It Will Receive $1.3 Billion From IMF

Quick Reads Summary is AI generated, newsroom reviewed. The IMF will release $1.3 billion to Bangladesh in June after a fourth review of a $4.7 billion loan, the country's finance ministry has said. The government has dissolved the National Board of …

Bangladesh confirms reform deal reached, IMF will release USD 1.3 billion

New Delhi: The International Monetary Fund (IMF) is set to release USD 1.3 billion to Bangladesh. This comes after the completion of a fourth review of its $4.7-billion loan programme and a key breakthrough in talks on exchange rate reforms, Bangladesh…

Bangladesh Emerging collapse after Akbar heroics, series level at 1-1

Skipper Akbar Ali produced a valiant century but Bangladesh Emerging Team fell short by 10 runs against South Africa Emerging in a high-scoring second one-dayer at the Shaheed Kamruzzaman Stadium in Rajshahi on Wednesday. Chasing a daunting target of 333, …

IMF reaches agreement on third, fourth reviews of credit facility for Bangladesh

The International Monetary Fund (IMF) staff and the Bangladesh authorities have reached a staff-level agreement on the policies needed to complete the combined third and fourth reviews under the Extended Credit Facility (ECF), Extended Fund Facility (EFF), …

Bangladesh, Vietnam stress trade deal and economic partnership

Emphasising the need for boosting bilateral trade between Bangladesh and Vietnam, Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang has called for the removal of tariff and non-tariff barriers, signing of trade agreements and building …

Bangladesh signs deal to receive $1.3 billion IMF loan: BB Governor

Bangladesh Bank Governor Dr Ahsan H Mansur has said Bangladesh has signed a staff-level agreement with the International Monetary Fund (IMF) to receive the next installments under the ongoing loan programme. Joining a press conference virtually from Dubai, …