Tag: Textile Association & Organization News

Australian wool prices fall due to forex volatility, trade uncertainty

Australian wool prices fall due to forex volatility, trade uncertainty

Australian wool auctions came under significant pressure this week due to extreme foreign exchange fluctuations and cautious sentiment among expo [...]
Bangladesh’s forex reserves to steady within months, Moody’s predicts

Bangladesh’s forex reserves to steady within months, Moody’s predicts

The US ratings agency Moody's has projected that Bangladesh's foreign exchange reserves will stabilise over the next few months, despite repeatedly mi [...]
Bangladesh’s forex reserves grow by $180 mn in a week: Reports

Bangladesh’s forex reserves grow by $180 mn in a week: Reports

As of May 21, Bangladesh’s foreign currency reserves increased to $18.61 billion, marking a $180 million rise from the previous week.Media report [...]
IMF stresses Bangladesh meeting forex target for $4.7 bn loan

IMF stresses Bangladesh meeting forex target for $4.7 bn loan

The International Monetary Fund (IMF) has underscored the significance of meeting the foreign exchange reserve target (designated for March 2024) [...]
IMF stresses Bangladesh meeting forex target for $4.7 bn loan

IMF stresses Bangladesh meeting forex target for $4.7 bn loan

The International Monetary Fund (IMF) has underscored the significance of meeting the foreign exchange reserve target (designated for March 2024) [...]
Bangladesh’s forex reserves tumble $500mn in a week: Reports

Bangladesh’s forex reserves tumble $500mn in a week: Reports

Bangladesh’s foreign currency reserves witnessed a significant decline, plummeting by $533.82 million within a week.Media reports underlined this [...]
Australian wool market resilient despite forex volatility this week

Australian wool market resilient despite forex volatility this week

In a week marked by significant forex fluctuations, the Australian wool market demonstrated notable resilience, navigating through a complex interplay [...]
MCCI urges Bangladesh to stabilise forex reserves, manage inflation

MCCI urges Bangladesh to stabilise forex reserves, manage inflation

Bangladesh’s Metropolitan Chamber of Commerce and Industry (MCCI) recently urged the government to focus on stabilising foreign exchange reserves [...]
Bangladesh’s forex reserves fall below $40 bn for 1st time in 2 years

Bangladesh’s forex reserves fall below $40 bn for 1st time in 2 years

Bangladesh’s foreign exchange reserves have dipped below $40 billion for the first time in nearly two years after its central bank [...]
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