financial account deficit of Bangladesh
Bangladesh to loosen interest rate on IMF prescription
However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
More exchange rate flexibility needed
Bangladesh’s macroeconomic performance has significantly improved since the country entered the IMF’s $4.7 billion loan programme in January last year, but the bleeding of foreign currency reserves continues, putting the taka under pressure, the global lender said yesterday.
IMF suggests greater flexibility in exchange rate to ease pressure on external account
Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
Financial account deficit swells as outflows intensify
Central bank data highlights continuing financial account deficit in the face of international currency outflow
Bangladesh to loosen interest rate on IMF prescription
However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.
More exchange rate flexibility needed
Bangladesh’s macroeconomic performance has significantly improved since the country entered the IMF’s $4.7 billion loan programme in January last year, but the bleeding of foreign currency reserves continues, putting the taka under pressure, the global lender said yesterday.
IMF suggests greater flexibility in exchange rate to ease pressure on external account
Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today
Financial account deficit swells as outflows intensify
Central bank data highlights continuing financial account deficit in the face of international currency outflow
