Forex reserves cross USD 29.0 billion Bangladesh’s foreign exchange reserves crossed the USD29-billion mark mainly due to a dearth of investment. The amount stood at USD 29.1 billion yesterday, which is sufficient to meet the country’s import bills for 9.41 months, an official of Bangladesh Bank said the figure is

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.54% (Nov 24 ’16) 3.59% (Nov 17 ’16) 0.05% Call Money Lending (Crore BDT) 5,575.25 (Nov 24 ’16) 4,728.50 (Nov 17 ’16) 17.91% Prices Weighted Average Deposit Rate 5.39% (Sep ’16) 5.44% (Aug ’16) 0.05% Weighted Average Lending

Ten banks overexposed by BDT 20.0 billion to stocks Ten banks have a total of BDT 20.0 billion overexposure to the capital market, but will not need to sell shares to adjust the amount in line with regulatory limit. Bangladesh Bank says it will provide the banks with all necessary

Bad loans jump to BDT 541.7 billion in 9 months Bad loans, the worst types of defaulted loans, in the country’s banking sector increased by 24.57% to BDT 541.7 billion in the first nine months of this year because of the scheduled banks’ failure in recovering classified loans amid a

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.52% (Jan 05 ’17) 3.73% (Dec 28 ’16) 0.21% Call Money Lending (Crore BDT) 4,386.20 (Jan 05 ’17) 3,616.25 (Dec 28 ’16) 21.29% Prices Weighted Average Deposit Rate 5.29% (Nov ’16) 5.33% (Oct ’16) 0.04% Weighted Average Lending