Bangladesh’s central bank, Bangladesh Bank (BB) is formulating the monetary policy for the second half of FY23 with emphasis on liquidity supply to the agricultural and manufacturing even as it aims to reduce the gap in dollar rates for export proceeds and remittance.
This is as per reports, which underlined the new monetary policy is aimed to tame inflation while also help stabilise the foreign exchange market.
Reports further added the central bank plans to announce the monetary policy on 15 January, 2023.
The central bank reportedly held its second meeting on the half-yearly monetary policy at BB’s headquarters in capital Dhaka recently and discussed the issues even as several participants while interacting with the media reportedly maintained they opined in favour of raising repo rate and bank lending rates at the meeting, attended by Bangladesh Bank Governor Abdur Rouf Talukder, Deputy Governors and the Executive Directors.
