interest rate ceiling

Bangladesh’s currency conundrum: What role can interest rates play?

Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.

Bangladesh Bank sets interest rate ceiling on non-resident forex deposits

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.

September 24, 2022
September 24, 2022

Bangladesh’s currency conundrum: What role can interest rates play?

Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.

August 1, 2022
August 1, 2022
Govt to form banking commission for financial reforms

Bangladesh Bank sets interest rate ceiling on non-resident forex deposits

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.