dollar

Taka faces depreciation against US dollar

Business Correspondent

The local currency taka has officially depreciated against the US dollar after seven months as the central bank recently raised ...

Remittance collection rate at Tk 123 per dollar: BB

Observer Online Desk

The central bank has officially announced a maximum exchange rate of Tk 123 per dollar for remittance collection in a ...

Despite high remittance, export earnings dollar market turns volatile again

Business Correspondent

Due to the volatility in the kerb market, the dollar was sold for Tk 129 to Tk 130 in Bangladesh ...

Bangladesh Bank caps purchase rate of remitted-dollar at Tk 123

Business Correspondent

The Bangladesh Bank (BB) has instructed other banks to purchase remittance dollars at a maximum rate of Tk 123 per ...

Man held with counterfeit dollars in Noakhali

Manna Rahaman/Shakib Ahmed

A joint task force in Noakhali's Kabirhat has arrested a fraudster and seized a large amount of counterfeit U.S. dollars ...

BB looks at new mechanism as dollar rates crawl up

As the demand in the import sector jumps ahead of Ramadan and the central bank preparing to boost its reserves, ...

Tulip faces questions over presence at billion-dollar arms deal signing with Russia

Observer Online Desk

City minister Tulip Siddiq faces fresh questions after videos emerged of her with an official delegation at the signing of ...

Nabil Group enters billion-dollar club

Business Correspondent

Nabil Group of Industries-a Rajshahi-based conglomerate-has strengthened its position as a major player in Bangladesh's agro-commodity, while the group has ...

Bangladesh Bank, IMF 'mull over dollar exchange rate reform'

Observer Online Desk

The International Monetary Fund (IMF) and Bangladesh Bank are looking for a more dynamic approach to managing the dollar exchange ...

Trump threatens 100% tariff on the BRIC bloc of nations if they act to undermine US dollar

Observer Online Desk

President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the ...

Special emphasis on budget support to deal with dollar crisis, reserve deficit

Mizanur Rahman

The interim government has given special emphasis on budget support to deal with the ongoing dollar crisis and reserve deficit. ...

Russian ruble hits lowest level against dollar since March 2022

MOSCOW, Nov 23: The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, ...

BB raises US dollar purchase limit for money changers

Business Correspondent

The Bangladesh Bank (BB) has raised the US dollar purchase limit for Bangladeshi citizens travelling abroad, allowing money changers to ...

BB's dollar sales contradict pledge amid financial turmoil

Shamsul Huda

Despite Bangladesh Bank's commitment in August to cease dollar sales from its reserves, the central bank has sold nearly $1 ...