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Bangladesh's natural gas reserves dwindling
Bangladesh was once described as floating on natural gas fields.That is now nothing more than a golden past. The countrys natural gas reserves are starting to deplete. Gas stockpiles and production are rapidly dwindling. It is estimated that the existing reserves will last only 10 to 12 more years....
Gross forex reserves cross $26b: BB
Bangladeshs gross foreign exchange reserves have crossed US$26 billion. According to the latest data, foreign exchange reserves amount to $26.09 billion, reports BSS. However, the reserve stands at over $21.34 billion according to the BPM-6 calculation standard of the IMF, said Bangladesh...
Interim govt increases reserves, activates banking sector: Jamaat Ameer
Jamaat-e-Islami Ameer Dr. Shafiqur Rahman has acknowledged improvements in Bangladeshs foreign exchange reserves and the gradual activation of the banking sector under the current interim government. However, he urged the government to play a more active role in revitalizing the economy, stating...
Bangladesh's forex reserves reach $20bn
The countrys foreign exchange reserves have surged to $20 billion, driven by an increase in remittances from the expatriates. Bangladesh Banks spokesperson and Executive Director Husne Ara Shikha said the current reserve, as of December 22, stands at $24.84 billion (or $2,484 million) based on...