Economy

BB keeps MPS tight to counter ‘sticky’ inflation

Bangladesh Bank has kept its policy rate unchanged at 10 per cent, reinforcing a tight monetary stance as the country has been grappling with ‘sticky’ inflation, remaining above 8 per

BB rolls out Tk 22,500 crore refinancing for CMSMEs

Bangladesh Bank has launched three refinancing facilities totalling Tk 22,500 crore to expand low-cost credit for micro, small and medium enterprises, aiming to support industrial growth, boost investment and create

Gold price in Bangladesh increases again by Tk 7,640

Gold prices in Bangladesh surged once again on Saturday, with the price of 22-carat gold crossing Tk 260,000 mark per bhori, according to the Bangladesh Jewellers Association. In a notification issued

Gold price drops twice in one day

Gold prices in Bangladesh dropped sharply on Monday, experiencing two declines within hours after hitting record highs just days earlier, highlighting growing volatility in the precious metals market. The price

IMF cautions BB over unsecured funding to weak banks

The International Monetary Fund has cautioned the Bangladesh Bank against unsecured liquidity support to weak banks, saying such actions undermined tight monetary policy and threatened financial stability. The observation came

Gold prices plunge again at home, down Tk15,746 per bhori

Gold prices have fallen sharply once again in the domestic market, with the Bangladesh Jewellers Association (BAJUS) cutting prices by Tk15,746 per bhori. The association announced the decision in a

Banks’ dollar holdings drop to $4.2b

Commercial banks’ holdings of dollars fell to $4.2 billion in November mainly due to the central bank’s aggressive dollar purchases and high import payments. Bangladesh Bank data show that banks’

EU and Mercosur sign historic trade deal in message to ‘tariff threats’

Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the way for the European Union’s largest-ever trade accord