Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.
The central bank today set the annual interest rate ceiling on the non-resident foreign currency deposits in order to mobilise funds from Bangladeshis living abroad and individuals of Bangladeshi origin.
Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.
The central bank today set the annual interest rate ceiling on the non-resident foreign currency deposits in order to mobilise funds from Bangladeshis living abroad and individuals of Bangladeshi origin.