Forex reserves climb to new record at US$543bn taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Market Digest Staff Correspondent
28th February, 2021 11:45:17
Bangladesh Bank (BB) has promoted Md. Abul Bashar as its Executive Director and attached him to the head office of the central bank.
The central bank issued an office order signed by Kazi Akterul Alam, General Manager of Human Resources Department, in this regard on Sunday.
Earlier, Md. Abul Bashar served as the General Manager of Law Division of Bangladesh Bank.
Bashar joined the head office of Bangladesh Bank as an Assistant Director on January 10, 1993. Prior to joining Bangladesh Bank, he obtained Bachelor’s and Master’s degrees in English Literature from the University of Chittagong in 1986 and 1987 respectively.
Taiwan penalized Deutsche Bank AG and three other foreign lenders after a probe into speculation on the surging local currency last year involving grain companies.
Taiwan penalized Deutsche Bank AG and three other foreign lenders after a probe into speculation on the surging local currency last year involving grain companies.
Deutsche Bank’s trading approvals for Taiwan dollar deliverable forwards and non-deliverable forwards will be revoked, and it will be banned from engaging in transactions of foreign exchange derivatives for two years, the island’s central bank said in a statement Sunday.
ING Groep NV and Australia & New Zealand Banking Group Ltd. won’t be allowed to engage in Taiwan dollar deliverable forwards and non-deliverable forwards trading for nine months, while Citigroup Inc. is banned from Taiwan dollar deliverable forwards trading for two months, the central bank said. The penalties imposed on the local units will take effect on Monday.
Banks accused of speculating on foreign exchange taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.