Industry

BB Revises Sukuk Allocation Rates for Investors

Bangladesh bank: The Bangladesh Bank (BB) has revised the allocation rates of Sukuk among different categories of investors to ensure wider participation in the Islamic securities market.

According to Bangladesh Sangbad Sangstha, a circular issued b…

BB Eases Cash Margin Rules to Boost Fruit Imports

Bangladesh bank: Bangladesh Bank (BB) has relaxed the cash margin requirement for opening letters of credit (LCs) for fruit imports, replacing the existing 100 percent cash margin requirement with a margin to be determined by banks based on their rela…

DSE Grants FIX Certification to Five Brokerage Houses

Dhaka: Dhaka Stock Exchange (DSE) has granted FIX certification to five more brokerage houses to enable them to launch their own Order Management Systems (OMS) through API connectivity with the bourse’s trading system.

According to Bangladesh Sangb…

Bangladesh’s Gross Forex Reserves Rise to $37.07bn

Dhaka: Bangladesh’s foreign exchange reserves stood at US$37.07 billion (gross), according to the latest data released by Bangladesh Bank (BB) today. The country’s gross foreign exchange reserves reached US$37.07 billion.

According to Bangladesh San…