The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal.  The commodity jumped to as much as $2,609.74 per ounce, two days after the Federal Reserve slashed borrowing costs for the first time since the start of the pandemic and indicated that more cuts were likely.

The Ministry of Finance has appointed Dr Fahmida Khatun, Executive Director of the Centre for Policy Dialogue (CPD), as a director on the Bangladesh Bank Board.  An office order…

In a move aimed at addressing discrepancies in export data, the government is introducing three new Customs Procedure Codes (CPCs) to enhance the accuracy of export reporting and eliminate…

Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today said that the World Bank would provide support to Bangladesh in carrying out necessary…

The value of the US dollar has decreased in Bangladesh’s kerb (open) market due to a drop in demand and an increase in supply. Currently, the dollar is being sold at Tk 121-122…

The Executive Committee of the National Economic Council (ECNEC) today approved a total of four development projects involving an overall estimated cost of Taka 1,222.14 crore. The…

Bangladesh's foreign exchange reserves have crossed $24 billion. "According to the latest data, foreign exchange reserves amount to $24.3 billion. It is close to $20 billion according…

Bangladesh is anticipating budget support from the World Bank before the year ends, according to Finance and Commerce Adviser Dr. Salehuddin Ahmed. The adviser made this announcement…

The Dhaka Stock Exchange (DSE) Brokers Association (DBA) has demanded a task force to reform and develop good governance in the capital market like banks. The DBA wrote to the Finance…

Bangladesh Bank (BB) has received a total of US$ 2.5billion loan proposal from the World Bank (WB) and the Asian Development Bank (ADB) in several packages, including structural reform,…

Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today informed that the Asian Development Bank (ADB) would provide $400 million to Bangladesh…

The US private sector can help unlock Bangladesh’s growth potential through trade and investment, provided the right economic reforms are in place, the US Embassy in Dhaka said…

In compliance with directives from the Ministry of Commerce, the Trading Corporation of Bangladesh (TCB) will commence the sale of essential commodities across the country from Sunday.…

Citing reforms in the revenue and banking sectors as two most important challenges before the country's economy,Adviser to the interim government on the Ministries of Finance and Commerce…