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Mr. Syed Waseque Md. Ali, Managing Director of the First Security Islami Bank PLC along with others holds doa mahfil on the occasion of New Year.

Mr. Syed Waseque Md. Ali, Managing Director of the First Security Islami Bank PLC along with others holds doa mahfil on the occasion of New Year.
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Lower capacity to meet foreign debt obligations now

Business Report : The forex reserve to foreign debt ratio dropped substantially in the past couple of years, indicating that the country has a smaller cushion of foreign reserves to meet foreign debt obligations. According to Bangladesh Bank data, foreign exchange reserves to foreign debt plummeted to 21.7Z% at the end of 2023 from 35% in 2022 and 50.7% in 2021. In just four years, the country’s foreign debt surged by $37 billion in 2023, up from $63 billion in...

Dhaka stocks rise after 3 days

Business Report : The key index of the Dhaka Stock Exchange (DSE) bounced back on Monday, snapping a three-day losing streak. The DSEX, the benchmark index of the country’s prime bourse, rose 1.97 points, or 0.04 percent, to close at 5,235.63. Similarly, the DSES, the index that represents shariah-compliant companies, added 1.05 points, or 0.09 percent, to 1,138.31. However, the index of the blue-chip stocks, DS30, went down by 10.05 points, or 0.54 percent, to end the session at 1,856.99....