Bangladesh’s import bill is growing faster than its export earnings, widening the current account deficit and putting renewed pressure on the country’s external finances.
Data show remittance inflows rose to $10.1 billion during July-October, up from $8.9 billion in the same period last year. Despite an increase of more than $1 billion, the impact was offset by the ...
Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy ...
An unexpectedly large surplus in the current account in October was driven by an improvement in the trade balance and a ...
Marie Sapirie considers policy arguments concerning the OBBBA’s “Trump accounts” for children and examines preliminary ...
The Philippines’ current account deficit narrowed in the third quarter as dollar outflows were tempered by a smaller trade ...
More young adults may be staying with their parents due to high costs, a trend that could slow consumer spending and economic growth.
Failings in Nationwide’s financial crime processes between October 2016 to July 2021 meant one criminal was able to deposit ...
The Philippines posted a narrower current account deficit in the January to September period as resilient exports, steady services receipts, and solid inflows from overseas Filipinos helped offset a ...
Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help?
The K-shaped economy highlights economic disparity between high and low-income earners. Higher earners benefit from stock and ...
The Federal Reserve cut its benchmark interest rate by a quarter point for the third time since September, bringing it to ...