Bangladesh Bank to sit with ABB, BAFEDA Thursday
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
June 30, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, JUNE 30, 2022
Bangladesh Bank to sit with ABB, BAFEDA Thursday

Inflation

TBS Report
25 May, 2022, 09:50 pm
Last modified: 26 May, 2022, 11:43 am

Related News

  • Banks to help detect fake notes at cattle markets
  • ABB concerned over mandatory tax return submission for SME loans
  • 50% loan moratorium to customers of financial institutions until December
  • New notes worth Tk25,000cr to be issued ahead of Eid-ul-Azha 
  • Taka once again devalued against dollar

Bangladesh Bank to sit with ABB, BAFEDA Thursday

TBS Report
25 May, 2022, 09:50 pm
Last modified: 26 May, 2022, 11:43 am
Bangladesh Bank to sit with ABB, BAFEDA Thursday

The Bangladesh Bank will hold meeting with the Association of Bankers, Bangladesh (ABB) and Bangladesh Foreign Exchange Dealers Association (BAFEDA) on Thursday to discuss the volatile foreign exchange market.

The meeting is likely to be held at 3pm Thursday.

Earlier, BAFEDA submitted a six-point proposal to the central bank for stabilising the country's forex market.

The apex body of foreign exchange dealers' banks recommended increasing cash incentives against wage earners' remittance to 5% from the existing 2.5%, proposed a periodic review of the inter-bank exchange rates, and requested necessary adjustments based on market dynamics. 

The inter-bank exchange rate stood at Tk87.90 per USD on Wednesday, up from Tk87.50 on Sunday.
 

Top News / Banking

Bangladesh Bank / ABB / BAFEDA

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image
    Some amnesty for offshore assets kept, corporate taxes cut
  • Saudi Arabia to celebrate Eid-ul-Adha on 9 July
    Saudi Arabia to celebrate Eid-ul-Adha on 9 July
  • The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas
    Talks with IMF for $4.5b budget support 'positive'

MOST VIEWED

  • Budget’s highest priority is to tame inflation: PM
    Budget’s highest priority is to tame inflation: PM
  • Photo: Bloomberg
    Food export bans, from India to Argentina, risk fueling inflation
  • Inflation drains Tk50,000cr from bank savings
    Inflation drains Tk50,000cr from bank savings
  • A general view of a copper smelter. Photo: KGHM
    Metals haven’t crashed this hard since the Great Recession
  • Representational image. Picture: Pixabay
    Inflation in S Korea to exceed 6% as early as June: Minister
  • Western government policies to sustain their big corporations are likely the chief driving forces behind the present global inflation crisis. In  this picture, a man looks at a butcher shop window in Ankara, Turkey, amid price rises. Photo: Reuters
    Inflation as a political power play gone wrong

Related News

  • Banks to help detect fake notes at cattle markets
  • ABB concerned over mandatory tax return submission for SME loans
  • 50% loan moratorium to customers of financial institutions until December
  • New notes worth Tk25,000cr to be issued ahead of Eid-ul-Azha 
  • Taka once again devalued against dollar

Features

Mahathir accused financial titans of seeking to reverse decades of economic development that propelled tens of millions into the middle class. Photo: Bloomberg

George Soros, Mahathir and the legacy of 1997

10h | Panorama
 If Bangladesh produces and exports high-value-added MMF products right now, we can increase our total export by around 25% in value. Photo: Mumit M

Time ripe for Bangladesh RMG sector to focus more on man-made fibres

13h | Panorama
Human Library Bangladesh has organised so far nine sessions; eight have been held in different parts of Dhaka and one in Khulna. Photo: Courtesy

Human Library Bangladesh: Where the halls come alive with human voices

15h | Panorama
Abortion is a part of healthcare. Photo: Bloomberg

Abortion is healthcare and women’s rights are human rights

1d | Panorama

More Videos from TBS

Severodonetsk now under Russian control

Severodonetsk now under Russian control

2h | Videos
South African boy drove ambition, says Elon's father

South African boy drove ambition, says Elon's father

2h | Videos
Why Dollar crisis will last long?

Why Dollar crisis will last long?

3h | Videos
Beautiful mural at Padma bridge

Beautiful mural at Padma bridge

7h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

3
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

4
Photo: Courtesy
Corporates

Gree AC being used in all parts of Padma Bridge project

5
Photo: Collected
Economy

Tech startup ShopUp bags $65m in Series B4 funding

6
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
An aerial view of a MRT Line-6 construction site. Work on the first elevated metro rail of Bangladesh is going on in full swing. A total of 16 elevated stations will connect the capital’s Uttara to Motijheel via Mirpur, Farmgate and Dhaka University. The photo was taken from Farmgate area recently. Photo: Rajib Dhar

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net