Forex Crisis News Today

Bangladesh's forex reserves : Bangladesh's foreign currency reserves fell by $533.82 million in just a week due to a selling spree of the American greenback by the central bank to the commercial banks.

PREMIUM TIMES had exclusively reported that the government was considering blocking Binance and other crypto firms.

Bangladesh's forex reserves : Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.

One hundred and sixty seven days after taking the rein of Nigeria’s political leadership, Nigerians are still awaiting President Bola Ahmed Tinubu’s magic wand to boost local production of goods as well as their consumption and save the country from the seemingly endless foreign exchange crisis that has pushed inflation rate to 27.33 per cent […]

Central bank should read the market, revise rules accordingly to ensure stability

Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.

Cash-strapped Sri Lanka placed severe import restrictions covering 82 per cent of items to save foreign exchange reserves since early 2022. The import of items like chocolates, perfumes, and shampoos were banned to tackle the countrys economic woes.

Forex Crisis Leaves Pakistan with No Option Other Than Outsourcing Islamabad International Airport, claims report published in Pakistan Daily Dawn. It claims that Finance Minister has conducted multiple meetings of the committee formed to engage foreign operators for outsourcing., World News, Times Now

Bangladesh Budget 2023-24: Despite a surge in the outflow of migrant workers, remittances to Bangladesh declined 10.27 per cent year-on-year to $1.69 billion in May, an unpromising development that may deepen the volatility in the economy.

Bangladesh inequality amid IMF-prescribed economic reforms: Reforms following the IMF prescription should not harm disadvantaged groups