Bangladesh’s foreign exchange market shows encouraging signs of stability as the local currency recovers ground following recent policy adjustments mandated by international financial partners. With expanding international trade driving foreign exchange demand across the country, exchange rates have experienced fluctuations in recent months. However, robust remittance inflows and strict monitoring by Bangladesh Bank have helped […]

Sammilita Islami Bank PLC has officially initiated the repayment of funds to its depositors, marking a crucial step in restoring stability to Bangladesh’s Shariah-compliant banking sector. Under the established schedule, customers who submitted withdrawal applications on or before 1 September are receiving their funds. Depositors who registered their requests after this deadline are being instructed […]

Bangladesh’s foreign exchange market has shown marked signs of steadying, with the Bangladeshi Taka regaining lost ground against the US Dollar following weeks of upward pressure. On Monday, 7 September 2026, the US Dollar was trading at 122.76 Taka in the interbank market, signaling a gradual retreat to its previous price baseline after a temporary […]

In a significant regulatory shift aimed at easing international financial transactions for outbound citizens, Bangladesh Bank has expanded the annual foreign currency allowance for overseas travel by 50 per cent. Under the revised framework, adult Bangladeshi nationals can now endorse and spend up to $18,000 (US dollars) or its equivalent in foreign exchange per calendar […]

Central bank launches an innovative grant-and-loan package to nurture young entrepreneurs across all sub-districts. In a decisive move to cultivate micro-entrepreneurship outside major urban hubs, Bangladesh Bank has introduced a targeted financial scheme designed to transform rural business ideas into viable commercial enterprises. Titled “Uddyog: Upazila-Based Young Entrepreneur Search, Identification, and Financing Programme”, the initiative […]