The International Monetary Fund (IMF) has suggested the central bank raise the policy rate by 50 basis points by December this year since its monetary tightening is yet to rein in inflation.
CPD Distinguished Fellow Mustafizur Rahman says
The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
The International Monetary Fund (IMF) has suggested the central bank raise the policy rate by 50 basis points by December this year since its monetary tightening is yet to rein in inflation.
CPD Distinguished Fellow Mustafizur Rahman says
The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.