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May 28, 2024 7:37 PM

Fitch Downgrades Bangladesh to ‘B+’; Outlook Stable

Fitch Ratings has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default Rating on Monday to 'B+' from 'BB-' owing to weakening of Bangladesh's external buffers. The country's forex reserves are down substantially due to continued forex in...

May 27, 2024 5:58 PM

Cyclone Remal leaves trails of destruction in coastal Bangladesh

In Bangladesh, at least 10 people died and over 30,000 homes destroyed after cyclone Remal smashed into low-lying areas of Bangladesh on Sunday night. Severe Cyclone Remal made landfall between Khepupara and West Bengal’s Sagar Island on Sunday nig...

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Last updated on: 11th April 2026

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