dollar

Govt aims to rein in banking sector without printing money, selling dollars

Business Correspondent

Bangladesh Bank (BB) Governor Ahsan H Mansoor said efforts are on to sort out problems of the financial sector without ...

European stocks, dollar slip before US rate decision

LONDON, Sept 18: European stock markets and the dollar mostly slipped Wednesday as the US Federal Reserve prepared to cut ...

Global stocks, dollar diverge before key US inflation data

LONDON, Sept 11: Major stock markets and the dollar diverged Wednesday before US inflation data that could help indicate the ...

Global stock markets, dollar diverge on rates watch

LONDON, Sept 10: European and Asian stock markets diverged along with the dollar Tuesday after a rally on Wall Street ...

European stocks, dollar recover from US jobs disappointment

LONDON, Sept 9: European stock markets and the dollar recovered Monday after big pre-weekend falls caused by concerns about the ...

BB raises dollar endorsement limit at exchange houses

Business Correspondent

The Governor of Bangladesh Bank (BB) Ahsan H Mansoor has approved the increase of dollar endorsement limit by exchange houses ...

Banks asked to retrieve dollars smuggled thru offshore channels

Bangladesh Bank Governor Ahsan H Mansur has directed banks to bring back dollars smuggled out of the country through offshore ...

Billions in dollar and euro notes reach Russia despite sanctions

LONDON, Aug 12: Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States ...

Thailand unveils billion-dollar handout scheme to boost economy

BANGKOK, July 24: Thailand's government unveiled a billion-dollar handout scheme on Wednesday that it hopes will boost the flagging economy ...

World stocks wobble, dollar mixed after Trump shooting

LONDON, July 15: Equity markets and the dollar wavered Monday as investors mulled the impact of the assassination attempt on ...

Oil edges higher as demand expectations offset dollar strength

LONDON, June 24: Oil prices firmed slightly on Monday as traders weighed support from expected summer demand and geopolitical tensions ...

Banks hold road-show in NY next Friday to attract dollar deposits from compatriots

Business Correspondent

A big road-show will open in the USA on next Friday (24 May) in which 30 managing directors of different ...

Saudi's billion-dollar football league a work in progress

Observer Online Desk

Anyone expecting immediate results from Saudi Arabia's unprecedented splurge on football stars was probably disappointed as the billion-dollar spending created ...

Israel due to get billions of dollars more in US weapons despite Biden pause

WASHINGTON, May 10: Billions of dollars worth of US weaponry remains in the pipeline for Israel, despite the delay of ...

Taka sees major devaluation, dollar price hiked by Tk 7 in a day

Observer Online Report

The Bangladesh Bank (BB) has raised the dollar price to Tk 117 from the existing Tk 110 by introducing the ...

Global stocks gain, dollar retreats as US labor market cools

NEW YORK, May 4: Stock markets rose Friday as cooling US job growth raised hopes of interest-rate cuts, while London ...

Gradual rate adjustment would have softened dollar blow: Mashiur

Bangladesh has been facing a shortage of dollars since economic activities bolstered after the coronavirus pandemicIf the Bangladesh Bank gradually ...

ABB meets BB, agrees to boost dollar deposits

Business Correspondent

Leaders of the Association of Bankers, Bangladesh (ABB), met with Bangladesh Bank (BB) governor on Sunday at the central bank ...

BB suffers reserves shortfall for excessive sale of dollar

Business Correspondent

Despite tremendous efforts, forex reserves at Bangladesh Bank has not improved to the level of IMF provided threshold at a ...

Power Ministry seeks $ 2billion in subsidies, smooth dollar supply from Finance Ministry

Special Correspondent

To run the fuel-oil-based power plants and to import LNG for supplying gas to the power plants in a proper ...

Experts say BB measures ease liquidity, dollar crunch

Shamsul Huda

Bangladesh Banks (BB) recent interventions have proven successful in alleviating the liquidity squeeze and dollar shortage faced by commercial banks, ...

French regulators slap Google with multi-million dollar fine

Observer Online Desk

French regulators said Wednesday they were fining Google $272 million for breaching commitments on paying media companies for reproducing their ...

Three held in Ashulia while selling counterfeit dollar

Observer Online Report

Police arrested three people for trying to sell counterfeit dollar to a rice trader in Sreepur area in Ashulia on ...

Ukraine needs more than billion dollars to rebuild its scientific infrastructure, UN agency says

Observer Online Desk

Ukraine will need more than a billion dollars to rebuild scientific infrastructure that was damaged or destroyed during two years ...

US dollar dominance not under threat, despite risks

WASHINGTON, Feb 17: The status of the US dollar as the worlds reserve currency is likely to continue, despite threats ...

BB introduces US dollar and currency (Taka) swap for commercial banks

Observer Online Desk

The Bangladesh Bank (BB) has introduced US dollars and currency (taka) swap between the central bank and commercial banks for ...

Asian stocks slump, dollar gains on rate outlook jitters

SINGAPORE, Jan 16: Asian shares hit a one-month low, U.S. stock futures fell and the dollar rose on Tuesday as ...

Govt increases interest rate on dollar bonds

Business Correspondent

The government has increased the interest rates of two US dollar-denominated bonds by up to two percentage points to attract ...

Global stocks gain, dollar down before US inflation data

LONDON, Jan 11: Major stock markets mostly rose and the dollar fell Thursday before the release of US inflation data ...

Energy sector in BD strained by dollar crisis since November

Shahnaj Begum

The countrys energy and power sector has been severely affected since November by the dollar crisis, which has prompted state-owned ...