Atiur resigns as Bangladesh Bank governor Bangladesh Bank Governor Atiur Rahman stepped down Tuesday, at the head of a string of punitive actions, amid raging criticisms over stealing of more than USD 100.0 million from the country’s account with the US Fed. After his unceremonious exit from the central bank

No gas price hike for now: BERC Bangladesh Energy Regulatory Commission (BERC) has kept the existing natural gas tariff unchanged, saying price hike is not necessary now, as the current volume of LNG import is lower than expected. State-run Petrobangla and its subsidiary gas companies sought a hike in natural

Remittance falls 2.6% last fiscal The country counted a 2.6% fall in inward remittances in the just-concluded fiscal year principally for slower development activities in the Middle East. According to the central bank statistics, released Monday, the inflow of remittances came down to USD 14.9 billion in the FY 2015-16

Forex reserves cross USD 31.0 billion mark again Country’s foreign exchange (forex) reserves crossed USD 31.0-billion mark again Tuesday as export earnings tipped the balance against import-payment pressures on the economy, officials said. The forex reserves rose to USD 31.1 billion on the day from USD 30.97 billion of the

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 3.58% (Dec 01 ’16) 3.54% (Nov 24 ’16) 0.04% Call Money Lending (Crore BDT) 4,915.00 (Dec 01 ’16) 5,575.25 (Nov 24 ’16) 11.84% Prices Weighted Average Deposit Rate 5.33% (Oct ’16) 5.39% (Sep ’16) 0.06% Weighted Average Lending