BB halts exchange of new notes for Eid
BB halts exchange of new notes for Eid

Bangladesh Bank, the central bank of the country, has announced the postponement of its planned exchange of new currency notes ahead of Eid-ul-Fitr, reports UNB. Executive Director and Spokesperson of the bank Arif Hossain Khan confirmed the decision to UNB, stating that a fresh notification had...

BB to issue new notes from March 19 centering Eid
BB to issue new notes from March 19 centering Eid

Like the previous years, the Bangladesh Bank will issue new notes in the market denominations of Taka 5, Taka 20, and Taka 50 through various scheduled banks of Dhaka region centering the upcoming Holy Eid ul Fitr, reports BSS. The common people will be able to take new notes from March 19 to...

BB to announce monetary policy statement today
BB to announce monetary policy statement today

Bangladesh Bank (BB) will announce the Monetary Policy Statement (MPS) for the second half of the 2024-2025 fiscal year (January-June), aiming to control inflation by keeping interest rates unchanged. The central bank governor Dr Ahsan H Mansur will formally announce the policy at 3 pm on...

Arif Hossain appointed as BB’s new spokesperson
Arif Hossain appointed as BB’s new spokesperson

Arif Hossain Khan, Executive Director of Bangladesh Bank, has been appointed as the central banks new spokesperson, replacing Husne Ara Shikha. The decision was announced in a directive issued on Wednesday by Jobdul Islam, Director of the central banks Human Resources Department. To assist...

All eyes on Turkish central bank as markets brace for another rate cut
All eyes on Turkish central bank as markets brace for another rate cut

The Central Bank of the Republic of Turkey (CBRT) will hold its first monetary policy committee (MPC) meeting of the year on Thursday, as markets anticipate further action following Decembers surprise rate cutthe first in nearly two years, reads a Daily Sabah report. Independent economists and...