June 06, 2026
The system brings remittances back into the formal financial system by making services “more accessible, secure, and inclusive, the bank says
The central bank says it took the decision as remittance inflows are good and there isn’t any additional pressure on foreign loan payments
Bangladesh Bank has been buying dollars from banks amid easing pressure in the foreign exchange market
On a 12-month average, overall inflation in the country fell below 9 percent for the first time in November since June 2023
The figure has not fallen below $2 billion in any month since the Awami League government’s fall in August 2024
The bank expects industrial growth to slow in light of an additional 20 percent tariff imposed by the US on Bangladeshi exports in August
The central bank has purchased $764 million in six auctions since July
The figure crosses the $30bn-mark for the first time