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Jute keeps fetching less forex – The New Nation

Jute keeps fetching less forex – The New Nation
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Falling exports hit jute growers

Falling export of jute and jute goods is now having an effect on jute growers as prices of the natural fibre have fallen during the current harvesting season. ....

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No respite from jute export slump

Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available. ....

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Taka slide brings a little cheer for major exporters

A falling local currency usually translates into higher earnings for exporters since their products become more competitive in the global markets. ....

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US dollar strengthens further against taka

The central bank today depreciated the value of the taka by Tk 0.25 as the demand for the US dollar shows no sign of slowing down, said an official of the Bangladesh Bank. ....

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