Central bank increases prices of gold-silver commemorative coins
Central bank increases prices of gold-silver commemorative coins

The central bank of Bangladesh has announced a price increase for its commemorative gold and silver coins, effective immediately. According to a press release from the Department of Communications and Publications, the adjustment comes in response to the rising prices of gold and silver in both the...

Bangladesh receives Tk 16,000 crores in remittances in 15 days
Bangladesh receives Tk 16,000 crores in remittances in 15 days

In the first 15 days of February, expatriate Bangladeshis sent a total of 131 crore 23 lakh 30 thousand US dollars in remittances through legal channels, amounting to 16,000 crore Bangladeshi Taka (at an exchange rate of 123 Taka per dollar). This translates to a daily average of 8.74 million...

Swiss central bank faces call to hold bitcoin in reserves
Swiss central bank faces call to hold bitcoin in reserves

A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday. The initiative proposes changing the law to make the Swiss central back hold part of its reserves in gold and bitcoin, reports Reuters....

Maysaa Sabrine becomes first woman to lead Syria’s central bank
Maysaa Sabrine becomes first woman to lead Syria’s central bank

Syrias new leaders have chosen Maysaa Sabrine, who was previously a deputy governor at the Syrian central bank, to become the head of the bank. She is the first woman to hold this position in the banks over 70-year history, according to a senior Syrian official,reports Al jazeera. Sabrine has...

US Fed officials see inflation fight on track
US Fed officials see inflation fight on track

The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, three Federal Reserve officials said Monday, with one indicating tentative support for another rate cut this month. The US central bank has been on a journey since the Covid-19 pandemic, hiking...