IMF Scrutinizes Bangladesh Banks Over Capital Shortfall
The IMF has raised serious concerns over Bangladesh's banking sector, where a capital shortfall has exceeded Tk1.55 lakh crore across 24 struggling banks.
#Bangladesh#IMF#Banking
#Central Bank
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Philippines Allows Market to Dictate Peso Value
The Philippine central bank is allowing market forces to determine the peso's exchange rate, citing strong remittances and economic growth as key supports for the local currency.
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Argentina Sells $678M in Largest Intervention Since 2019
Argentina's central bank sold $678 million in a single day, its largest intervention since 2019, to support the peso amid high dollar demand from investors.
#Argentina#Central Bank#Foreign Exchange