Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars
The Bangladesh Bank today raised the interest rate on the loans made from its export development fund (EDF) by 50 percentage points with an aim to make borrowing costlier and thus save foreign currencies.
Exporters will face higher costs when getting loans from the Export Development Fund (EDF), as a new interest rate calculation method has been introduced for loans in US dollars
The Bangladesh Bank today raised the interest rate on the loans made from its export development fund (EDF) by 50 percentage points with an aim to make borrowing costlier and thus save foreign currencies.
