Bangladesh’s foreign exchange reserves have climbed to $31.31 billion, according to a press release from Bangladesh Bank. However, when calculated under the IMF’s BPM6 methodology, which provides a standardized global framework, the reserve stands lower at $26.33 billion. The discrepancy arises from differing accounting practices, where BPM6 excludes certain unusable funds. The update was shared on Sunday, highlighting the country’s ongoing efforts to maintain a healthy reserve level amid global economic challenges and policy reforms under the IMF’s guidance.

The National Board of Revenue (NBR) collected Tk 3,60,920 crore in revenue by 10:00 AM on June 30, the last day of the fiscal year. NBR Chairman Md. Abu Rahman Khan confirmed the figure and said final numbers will take 2–3 weeks to reconcile fully. Despite recent disruptions due to officer protests, all departments resumed operations, and revenue collection is expected to surpass last year’s total. Khan emphasized systematic reporting through iBAS and assured continued efforts to support government spending in July.

Tech billionaire Elon Musk has harshly criticized former U.S. President Donald Trump’s mega-budget bill, calling it “absolutely insane.” Musk warned that the legislation would push the country into “debt slavery” and destroy millions of jobs. The fallout between Musk and Trump escalated earlier in June when Trump introduced the controversial tax and spending bill, which narrowly passed a Senate hurdle with a 51-49 vote. Musk further accused the bill of supporting outdated industries while ignoring future-oriented sectors such as renewable energy and tech innovation.

China has renewed a $3.4 billion loan for Pakistan, enhancing the country's foreign exchange reserves to $14 billion when combined with recent commercial and multilateral loans. Of the total, $2.1 billion was renewed from Pakistan's central bank reserves, where the funds had been held for the past three years. Additionally, Beijing has refinanced a $1.3 billion commercial loan repaid by Islamabad two months ago. Pakistan has also secured another $1 billion from Middle Eastern commercial banks and $500 million from multilateral sources.

Chris Papageorgiou, IMF mission chief to Bangladesh, emphasized the importance of government-led reforms and praised recent efforts by the National Board of Revenue (NBR). Speaking on the current economic challenges and upcoming elections, he stressed that public recognition of these reforms is essential to restoring economic stability.

He noted the uncertain geopolitical and domestic conditions, urging continuity in reforms. Papageorgiou also mentioned that the World Bank has expressed interest in providing financial and technical support to bolster Bangladesh's tax reforms and revenue collection efforts.

The UAE Ambassador to Bangladesh, Abdullah Ali Al Hamoudi, has acquired a 34% share in a company tasked with operating the new “Passenger Information System” across Bangladesh’s airports. Under a bilateral agreement between Bangladesh and the United Arab Emirates, this new data collection mechanism is being rolled out. The project is primarily led by Iteq, a state-owned Emirati firm, which subcontracted Dubai-based Identima. Notably, Ambassador Al Hamoudi owns 34% of Identima and is also listed as a manager. Transparency International Bangladesh (TIB) has called this a clear conflict of interest and a blatant abuse of power, pointing out that a serving ambassador cannot engage in private business without government approval.

Bangladesh Bank has provided nearly Tk 53,000 crore in loans to 12 financially weak banks by printing money. This financial assistance, offered under guarantees and special facilities, has been ongoing since September last year. Despite this massive infusion, these banks have yet to recover.

Governor Ahsan H. Mansur has repeatedly stated that no more money will be printed to support weak banks. However, reports reveal that as recently as two business days before Eid, the central bank extended Tk 3,000 crore in loans to five banks. Facing severe liquidity crises, these banks received funds at 10% interest against DP (Deposit) notes for a 90-day term.

The global market faces turmoil following news that U.S. President Donald Trump may remove Federal Reserve Chairman Jerome Powell, shaking investor confidence and causing a record drop in the dollar’s value. The dollar hit its lowest level against the euro in nearly four years, with fears of political interference undermining the Fed’s credibility and future interest rate clarity. Meanwhile, the euro, pound, yen, and Swiss franc strengthen amid rising global economic uncertainty and expectations of U.S. interest rate cuts.

Bangladesh is maintaining ongoing discussions to finalize a tariff agreement with the United States. In the latest round of talks held on Thursday, Dr. Khalilur Rahman led the Bangladesh delegation, while Brendan Lynch, the U.S. Assistant Trade Representative, headed the American side.

According to the Press Wing, substantial progress has been made during these discussions. Dr. Rahman, the former Head of Trade Policy at UNCTAD, stated that both parties are working diligently to conclude the agreement swiftly.

Sources indicate that the agreement aims to secure relief from the additional 37% tariffs imposed during the Trump administration. A draft of the agreement has already been sent to Bangladesh by the U.S., and Dhaka has submitted its feedback to Washington for further review.

India’s Directorate General of Foreign Trade (DGFT) has imposed a new restriction on imports of woven fabrics, jute products, and yarn from Bangladesh via land ports. According to an official statement, “No goods from Bangladesh will be allowed through land ports along the India-Bangladesh border. Only specific items—such as multi-fold woven fabrics, single flax yarn, single jute yarn, and unbleached jute fabric—may be imported via the Nhava Sheva seaport.”The directive clarifies that the ban will not apply to goods in transit from Bangladesh to Nepal or Bhutan. However, re-exporting these goods from India will not be permitted. This move is expected to negatively affect Bangladesh’s textile and jute sectors. It follows a previous ban issued in May on importing Bangladesh-made garments through Indian land ports.

For the first time in two years, Bangladesh's foreign exchange reserves have surpassed $30 billion, thanks to financial support from international lenders such as the IMF, ADB, and JICA.

According to Bangladesh Bank Executive Director Arif Hossain Khan, this includes two IMF tranches totaling $1.34 billion, $900 million from ADB, and significant funds from JICA. The last time reserves crossed this mark was in June 2023.

On Thursday, President Trump announced that the United States has signed a trade agreement with China, potentially bringing an end to the protracted trade war. During his second term, Trump had imposed steep tariffs on Chinese imports, escalating tensions between Washington and Beijing. “Yesterday, we signed a deal with China. We are starting to open China up—something that never really could have happened,” Trump said. The details of the agreement were not disclosed. US and Chinese officials had been working for weeks to finalize the deal, including a meeting in London earlier this month to address tariff disputes.

The global economy faces heightened risks as the Middle East conflict and a looming U.S.-led tariff war unfold simultaneously. President Trump’s proposed tariffs, especially targeting China, could severely disrupt trade, while rising tensions between Israel and Iran may drive energy prices up. With global growth already slowing, these twin shocks amplify recession fears. Experts warn that even minor disruptions could now trigger a downturn, echoing past crises like the 1990 Gulf War. The IMF forecasts global growth at a sluggish 2.8% in 2025.

British American Tobacco Bangladesh Company (BATBC) will invest Tk 297 crore to expand production capacity at its Savar factory, following the closure of its Dhaka facility. Operations will shift to a new location in Ashulia from July 1. The investment will be financed through bank loans supported by internal funds. In Q1 FY2025, BATBC reported lower net profit and EPS compared to last year. The company paid a 300% cash dividend in FY2024 and maintains strong reserves and shareholder equity.

Bangladesh’s interbank transactions have plunged by over Tk 1 trillion in just one month, as the country continues to grapple with an economic downturn, declining credit flow in the private sector, and a liquidity crisis.

According to a report by Bangladesh Bank, interbank transactions in February 2025 dropped by Tk 1.13 trillion compared to January. However, the February 2025 figures are still higher by Tk 444.02 billion compared to the same month last year.

Sources say 11 banks, currently under scrutiny for financial mismanagement, are struggling to meet transaction demands. Several weaker banks are unable to repay borrowed funds from the interbank market, contributing to the overall decline in transactions.