Bangladesh Bank to Introduce Flexible Interest and Exchange Rates
Bangladesh Bank is set to introduce flexible interest and exchange rates in accordance with IMF recommendations. The governor announced the…
IMF Asks BB Regarding NPLs and Loan Policies
IMF has inquired about the Bangladesh’s non-performing loan (NPL) classification process, loan write-off policies, financial incentives, and digital banking position…
IMF Asks BB Regarding NPLs and Loan Policies
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IMF Recommends Six-Month Averaging Period for Lending Rates
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IMF Recommends Six-Month Averaging Period for Lending Rates
The International Monetary Fund (IMF) has raised questions about the effectiveness of Bangladesh Bank’s SMART lending rate formula in reining…
BB Sells $11.67B from Reserves in Less Than 10 Months
Bangladesh Bank has sold $11.67 billion from its foreign exchange reserves to banks in less than 10 months due to…
BB Sells $11.67B from Reserves in Less Than 10 Months
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Monetary Policy Ineffective due to SMART interest rate
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Monetary Policy Ineffective due to SMART interest rate
The World Bank reported that despite the Bangladesh Bank’s efforts to tighten monetary policy, the transmission has been impeded by…
BB Cash Issuance Reaches Tk 2,83,700 Crores
Since November 2023, Bangladesh Bank has increased cash issuance by Tk 10,000 crore, despite implementing a contractionary monetary policy to…