The central bank took the decision to comply with IMF's loan conditions

Deposits at US commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the Federal Reserve showed, while overall credit provided by banks moved up, led by a record level of outstanding loans and leases.

The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the need to slow inflation against a pressing set of risks ranging from bank failures to the possibility of a U.S. debt default as soon as next month.

US regulators are trying to clinch a sale of First Republic Bank (FRC.N) over the weekend, with roughly half a dozen banks bidding, sources said on Saturday, in what is likely to be the third major US bank to fail in two months.

Financial pressures are adding to strains caused by high interest rates, volatile oil prices and years of double-digit inflation.

China's exports unexpectedly surged for March, driven by strong shipments of solar products, new-energy vehicles and lithium batteries and as supply chain conditions continued to improve from their Covid paralysis..Meanwhile, imports fell less than expected, with economists pointing to an

The commerce minister meets Iranian ambassador

Deposits at US commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the two largest bank failures since the financial crisis rocked the banking system and rattled depositors.

Pakistan's finance minister has cancelled a visit to Washington for spring meetings of the International Monetary Fund (IMF) and World Bank, government officials said today, citing domestic political turmoil as the reason..Minister Ishaq Dar was scheduled to attend the meetings from April

The global lender says in its latest report on Bangladesh development update

The association sents a letter to finance ministry

Says British high commissioner at Dhaka Chamber’s seminar on arbitration act

In term of brand value among the South Asian countries, Bangladesh stands second after India while the brand values of Pakistan, Sri Lanka and Nepal are respectively $232 billion, $48 billion and $29 billion

The amount is a seven-month high

The new rate will be effective from April 2

Oil prices fell on Thursday as the dollar strengthened, with investors keeping close tabs on developments related to the reduction of Iraqi Kurdistan oil exports.

The partnership will focus on increasing investment opportunities in cold chain networks, warehousing systems, energy-efficient investment for cold storage and temperature-controlled logistic services.

Crude prices retreated on Tuesday after rallying the previous session, with markets focused on developments in the banking crisis and indications of strengthening demand in China.

First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire Silicon Valley Bank's (SIVB.O) deposits and loans as well as certain other assets from the Federal Deposit Insurance Corporation (FDIC).

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.