Bangladesh Bank USD Reserve crosses 1400 crore

Bangladesh Bank USD Reserve crosses 1400 crore 

The new level of foreign exchange reserves or reserve. Bangladesh Bank's foreign exchange reserve is stored as a record of all the 400 million U.S. dollars exceeded one thousand.

The situation has been such that many commercial banks really need the extra dollars. Someone crosses the line to save someone. Bangladesh Bank to buy dollars in the rules.

In money market dollars is not much demanded. Bangladeshi taka is more powerfull. U.S. dollars value is decreasing in the money market. When the powerful General - Income (remittance) and export is slightly damaged. Banking sector discouraged  mid-term credits. As a result, countries like Bangladesh dollars value retention is a challenge to the central bank. the dollar value of the central bank to keep a secret activation.

A few days ago the situation was. The wailing for the dollar. Bangladesh Petroleum Corporation (bpc) through the import of fuel oil to provide the state-owned banks were very tough. Bangladesh Bank of intelligence - with suggestions coming. For this type of problem a big help from the bangladesh bank guidelines. 100 million dollars a year ago system, Now it has been expanded to 50 crore. The amount of money that will be spent to buy fuel.

The contemporary thinking about the overall situation of the international exchange foreign currency funds  100 million dollar loan from the government. Which has a full premium payment, the full premium of 13 million to 90 million dollars on a Wednesday rijvi will be added.

But trying to reinvent the wheel in the opposite way. But I do not want dollars. Time was wailing for the dollar, the value of goods the international market. Now reduced value of goods. The country's electricity needs with rental power programs that have a good position.

The decrease in the overall cost of importing. Reduced costs in two ways. Reduce the value of goods imports fell by the international market, the decrease of imports. Rental not to import electricity from the project. Decrease the overall capital equipment imports. Foods and all other imports. July - December period (compared to the previous year at the same time imports fell by 7 represented 79 percent of the cost.

But the export growth (July - January) 8 represented 83 percent. Only 18 represented 81 percent growth in January. In real life - income (July - February) that 17 represented 35 percent growth rate. Only 115 million from 56 million dollars in February remmitence.

In the current situation, as well ahead of Bangladesh. July - December period, which was 85 million dollars. In most countries, foreign exchange rate is  gradually increasing. The reserve is 410 million 50 thousand million dollars. 100 million dollars in the last two months, the increase in reserve. 7 January one thousand 300 million dollars in reserve exceeded. The Reserve bailouts before 10 December exceeded one thousand and 00 million dollars.

This occurs because the demand for dollars selling for 78 dollars per money market represented from 80 countries represented 8 of the 78 rate. In contrast to the U.S. dollar by year interval more than 7 per cent increase in prices.

Bangladesh Bank Forex Reserve and Treasury Management Department of General Manager (GM) Buy chaidura two reasons mentioned by the increase in reserve. The first light of the importers cash payment (LC) than loan import  after the payment of the cost will beSecond, aidibira from bipisira installment loans - Fees will be supported by the next April, the month of May and June. This means rijarbhe gathered.

Rahman chaidura idea, from June until next April when a demand for foreign exchange will be created. Slowdown in imports can be cut. When the dollar - will readjust value for money.