Business

BB to set policies for market-based interest rates

The central bank took the decision to comply with IMF's loan conditions
Bank branches closed tomorrow
File photo

Bangladesh Bank today said it would roll out a set of policies on the implementation of market-based interest rates and uniform exchange rates and disclosing net and gross reserves following the suggestions of the International Monetary Fund (IMF).

Md Mezbaul Haque, the spokesperson of the central bank, said the policies might be implemented from July this year and the next monetary policy will give a roadmap to this end.

The central bank usually declares the monetary policy in July every year.

Haque disclosed the issues at a press briefing at the central bank headquarters in the capital after meetings between the officials of the IMF and the BB.

Asked about the unrealised export proceeds, he said the IMF did not have any observations about the unrealised export earnings of $3 billion.

As per the central bank's calculation, the actual unrealised amount of export earnings now stands at $1.4 billion, he said.

Comments

BB to set policies for market-based interest rates

The central bank took the decision to comply with IMF's loan conditions
Bank branches closed tomorrow
File photo

Bangladesh Bank today said it would roll out a set of policies on the implementation of market-based interest rates and uniform exchange rates and disclosing net and gross reserves following the suggestions of the International Monetary Fund (IMF).

Md Mezbaul Haque, the spokesperson of the central bank, said the policies might be implemented from July this year and the next monetary policy will give a roadmap to this end.

The central bank usually declares the monetary policy in July every year.

Haque disclosed the issues at a press briefing at the central bank headquarters in the capital after meetings between the officials of the IMF and the BB.

Asked about the unrealised export proceeds, he said the IMF did not have any observations about the unrealised export earnings of $3 billion.

As per the central bank's calculation, the actual unrealised amount of export earnings now stands at $1.4 billion, he said.

Comments

জাহাজে ৭ খুন: ৪ দাবিতে বন্ধ হলো পণ্যবাহী নৌযান চলাচল

চাঁদপুরে মেঘনা নদীতে এম. ভি. আল-বাখেরা জাহাজের মাস্টারসহ সাত শ্রমিকের মৃত্যুর ঘটনার প্রকৃত কারণ উদঘাটন ও জড়িতদের গ্রেপ্তারের দাবিতে বাংলাদেশ নৌযান শ্রমিক ফেডারেশনের লাগাতার কর্মবিরতি শুরু হয়েছে।

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