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Forex reserve hits $45.1b, a new record

Forex reserve hits $45.1b, a new record
Representational Image
Star Business Report
Star Business Report
The country s foreign exchange reserves today hit a new record of $45.1 billion thanks to the upward trend of remittance and lower import payments.
The reserves, one of the major macroeconomic indicators of an economy, went up 36.22 per cent in the last one year as the figure stood at $33.11 billion on April 30 in 2020, according to data from the central bank.
A strong inflow of remittance has largely helped the country build up the foreign exchange reserve, a Bangladesh Bank official said.
Between July and April this fiscal year, the Bangladeshi diaspora sent remittances worth $20.66 billion, up 39 per cent year-on-year. ....

Sri Lanka , Asian Clearing Union , Bangladesh Bank , ஸ்ரீ லங்கா , ஆசிய அழித்தல் தொழிற்சங்கம் , பங்களாதேஷ் வங்கி ,

Forex reserve hits record $45.1b | The Daily Star

Forex reserve hits record $45.1b
The dollar index held steady overnight yesterday then rose as European markets opened, up 0.1 per cent on the day. Photo: AFP/FILE
Star Business Report
Star Business Report
The country s foreign exchange reserves yesterday hit a new record of $45.1 billion thanks to an upward trend of remittance and lower import payments.
The reserves, one of the major macroeconomic indicators of an economy, have gone up 36.22 per cent in the last one year. It was $33.11 billion on April 30, 2020, according to data from the central bank.
A strong inflow of remittance has largely helped the country build up the foreign exchange reserve, said a Bangladesh Bank official. ....

Sri Lanka , Asian Clearing Union , Bangladesh Bank , ஸ்ரீ லங்கா , ஆசிய அழித்தல் தொழிற்சங்கம் , பங்களாதேஷ் வங்கி ,

India has accelerated work on Chabahar Port, likely to be declared operational by May: CRS

A view of Chabahar port. File

The CRS said Iran’s economic relations with Pakistan are less extensive than are its economic ties with India.
After a brief halt, India accelerated the work on Chabahar Port early this year and the strategic Iranian port is expected to be operational by next month, a Congressional report has said.
In 2015, India agreed to help develop Iran’s Chabahar Port and an associated railway that would enable India to trade with Afghanistan unimpeded by Pakistan, the independent Congressional Research Service (CRS) said in its latest report for the members of the U.S. Congress. ....

Sistan Va Baluchestan , Hassan Rouhani , Narendra Modi , Asian Clearing Union , Us Congress , Congressional Research Service , Un Security Council , Chabahar Port , Prime Minister Narendra Modi , South Asia , Iranian President Hassan Rouhani , ஹாசன் ரூஹானி , நரேந்திர மோடி , ஆசிய அழித்தல் தொழிற்சங்கம் , எங்களுக்கு காங்கிரஸ் , காங்கிரஸ் ஆராய்ச்சி சேவை , ஐ.நா. பாதுகாப்பு சபை , ப்ரைம் அமைச்சர் நரேந்திர மோடி , தெற்கு ஆசியா , இராநியந் ப்ரெஸிடெஂட் ஹாசன் ரூஹானி ,

Iran's Chabahar port likely ready by May as India speeds up work: US report

After a brief halt, India accelerated the work on Chabahar Port early this year and the strategic Iranian port is expected to be operational by next month, a Congressional report has said.
In 2015, India agreed to help develop Iran s Chabahar Port and an associated railway that would enable India to trade with Afghanistan unimpeded by Pakistan, the independent Congressional Research Service (CRS) said in its latest report for the members of the US Congress.
Prepared for the lawmakers for them to take informed decision, the report, running into nearly 100 pages, said that in May 2016, Prime Minister Narendra Modi visited Iran and signed an agreement to invest USD 500 million to develop the port and related infrastructure. ....

Sistan Va Baluchestan , Hassan Rouhani , Narendra Modi , Asian Clearing Union , Congressional Research Service , Us Congress , Un Security Council , Chabahar Port , Prime Minister Narendra Modi , South Asia , Iranian President Hassan Rouhani , ஹாசன் ரூஹானி , நரேந்திர மோடி , ஆசிய அழித்தல் தொழிற்சங்கம் , காங்கிரஸ் ஆராய்ச்சி சேவை , எங்களுக்கு காங்கிரஸ் , ஐ.நா. பாதுகாப்பு சபை , ப்ரைம் அமைச்சர் நரேந்திர மோடி , தெற்கு ஆசியா , இராநியந் ப்ரெஸிடெஂட் ஹாசன் ரூஹானி ,

India Has Accelerated Work on Chabahar Port, Likely to Be Declared Operational by May: Report

India Has Accelerated Work on Chabahar Port, Likely to Be Declared Operational by May: Report
News18
2 hours ago
News18
© Provided by News18
India Has Accelerated Work on Chabahar Port, Likely to Be Declared Operational by May: Report
After a brief halt, India accelerated the work on Chabahar Port early this year and the strategic Iranian port is expected to be operational by next month, a Congressional report has said. In 2015, India agreed to help develop Iran’s Chabahar Port and an associated railway that would enable India to trade with Afghanistan unimpeded by Pakistan, the independent Congressional Research Service (CRS) said in its latest report for the members of the US Congress. ....

Sistan Va Baluchestan , Hassan Rouhani , Narendra Modi , Asian Clearing Union , Congressional Research Service , Us Congress , Un Security Council , India Has Accelerated Work , Chabahar Port , Has Accelerated Work , Prime Minister Narendra Modi , South Asia , Iranian President Hassan Rouhani , ஹாசன் ரூஹானி , நரேந்திர மோடி , ஆசிய அழித்தல் தொழிற்சங்கம் , காங்கிரஸ் ஆராய்ச்சி சேவை , எங்களுக்கு காங்கிரஸ் , ஐ.நா. பாதுகாப்பு சபை , ப்ரைம் அமைச்சர் நரேந்திர மோடி , தெற்கு ஆசியா , இராநியந் ப்ரெஸிடெஂட் ஹாசன் ரூஹானி ,