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Bangladesh Bank

July-June will no longer be the fiscal year

Bangladesh will adopt April-March as its new fiscal year from 2028-29, while the 2027-28 fiscal year will be shortened to nine months, ending in March, after the Cabinet approved a Finance Division proposal at a meeting on Monday at the Secretariat in Dhaka. The meeting was chaired by Prime Minister

July-June will no longer be the fiscal year
BB opens path for PayPal and Payoneer transactions

BB opens path for PayPal and Payoneer transactions

Bangladesh Bank on Wednesday issued a circular introducing a “bank-mediated framework” aimed at expanding digital financial inclusion and service access, allowing foreign currency transactions with global e-commerce and international service providers such as PayPal and Payoneer through newly introd

BB introduces forward rate agreements to help importers hedge interest rate risks

BB introduces forward rate agreements to help importers hedge interest rate risks

Bangladesh Bank (BB) has allowed banks to offer Forward Rate Agreements (FRAs) to importers, introducing a new derivative instrument aimed at protecting businesses from fluctuations in international interest rates on foreign currency import financing. To this end, the central bank today issued a ci

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