Bangladesh Bank has withdrawn the administrator appointed at Social Islami Bank PLC, bringing an end to the central bank-appointed oversight arrangement at another private commercial bank. The move comes shortly after a similar withdrawal of an administrator from EXIM Bank, marking another change in the regulatory approach towards privately owned banks. A senior official of […]

More than 10 million Bangladeshi expatriates are currently employed across the world, making remittances one of Bangladesh’s most important sources of foreign currency. Alongside remittance inflows, the country’s growing international trade, overseas education, medical travel, tourism, and import-export activities have significantly increased the demand for reliable and up-to-date foreign exchange information. Against this backdrop, the […]

Bangladesh and South Korea have concluded negotiations on a proposed Comprehensive Economic Partnership Agreement (CEPA), paving the way for a potentially significant expansion of trade and investment ties between the two countries. Under the proposed agreement, around 97 per cent of Bangladeshi goods and services could gain preferential tariff access to the South Korean market. […]

Bangladesh Bank Governor Mohammad Mostakur Rahman has raised concerns over the cybersecurity preparedness of the country’s commercial banks, saying their existing defences have yet to reach the level required to protect an increasingly digital financial system. Speaking at an event organised by the Ministry of Posts, Telecommunications and Information Technology on Tuesday (4 August), the […]

  The exchange rates of major foreign currencies against the Bangladeshi taka on Monday, 3 August 2026, show the US dollar trading at Tk 123.34, while the British pound stands at Tk 167.04 and the euro at Tk 145.03. Foreign exchange rates remain closely watched in Bangladesh, where remittance inflows, international trade, overseas education, medical […]

Bangladesh’s foreign exchange reserves have resumed an upward trend, supported largely by a strong increase in remittance inflows from citizens working abroad. According to the latest figures released by Bangladesh Bank, the country’s gross foreign exchange reserves have risen to US$36,469.94 million, equivalent to approximately US$36.47 billion. Reserves calculated under the International Monetary Fund’s Balance […]