BB moves to calm Ramadan prices

Bangladesh Bank has directed all commercial banks to keep the import finance interest rate for essential items, including edible oil, at a maximum of 12 percent.
The directive was meant to keep prices under control during Ramadan.
In a circular yesterday, BB said it fixed the interest rate to ensure an adequate supply of essential commodities, including gram, lentil, pulse, onion, spices, date, fruits and sugar.
The central bank also advised the banks to fix charge/fees/commission on import of these items at "rational level".