Hoarding US Dollars Bangladesh: It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar amid the prolonged dollar crisis.
Global commodity prices have fallen and traders have also built good stocks of sugar, dates, edible oil, pulses, chickpeas and onions for Ramadan market, but there is no good news for local consumers.
Bangladesh's corn import | Bangladesh’s corn import may plunge in the marketing year (MY) 2023-24 beginning from May owing to reduced requirement of feed in poultry, aqua and other farms, and difficulties faced by millers in importing goods amid the ongoing forex shortage in the country, according to a recent report by the US Department of Agriculture (USDA).