The three-and-a-half-year-long record high oil price in the international market and the increasing dollar price are causing a huge loss to the government. The two factors are also putting foreign reserves under pressure, as the government has to foot higher import bills. Sources in the Bangladesh Petroleum Corporation (BPC) said that they earned good profits from fuel sales for several years. But non-adjustment of oil prices with that in the international market is causing a huge loss to the BPC. The high oil prices in the international market and its payment through dollar, the exchange rate of which has shown an uptrend over the last one year, are exerting a huge pressure on the foreign currency reserves, they said. The sources said that,…

Hundreds of Biswa Ijtema devotees blocked the road in front of Hazrat Shahjalal International Airport…