Bangladesh Bank (BB)
Govt borrowing from Bangladesh Bank stokes inflation fears
In a time of elevated inflation, the government has started to borrow heavily from the Bangladesh Bank to meet the budget deficit, in a move that is set to push up the consumer price level further.
Will the government touch the ‘untouchables’?
The default-loan narrative has smeared our otherwise powerful story of graduation from the Least Developed Country (LDC) status.
Govt borrowing from Bangladesh Bank stokes inflation fears
In a time of elevated inflation, the government has started to borrow heavily from the Bangladesh Bank to meet the budget deficit, in a move that is set to push up the consumer price level further.
Study in China: BB allows paying tuition fees
The Bangladesh Bank has allowed banks to help students who are studying in China pay their tuition fees.
Rules relaxed for financing coal-based power plants
Bangladesh Bank (BB) today relaxed its rule to facilitate lending for establishment of coal-based power plants and buy the dirty fuel to generate electricity.
PM steps in to ensure smooth food supply
Prime Minister Sheikh Hasina yesterday instructed Bangladesh Bank to intervene if any bank faced a dollar shortage while opening letters of credit for importing food, fertiliser and other agricultural inputs to ensure uninterrupted food supply.
BB hikes key interest rate by 25 basis points
The Bangladesh Bank yesterday raised its benchmark interest rate by 25 basis points to 5.75 per cent as it stepped up its fight against inflation, which is running at a multi-year high.
Economic growth momentum at risk for global volatility: BB
The economy faces multidimensional challenges as the volatile global scenario threatens to create an adverse situation for the growth momentum of Bangladesh, the central bank warned yesterday.
Private credit growth surges, nears Bangladesh Bank target
Bangladesh’s private sector credit growth surged to 14.07 per cent in August, almost touching the central bank’s target for the entire fiscal year, an ominous sign for the economy since it may stoke inflationary pressures.
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.