Affected importers given 8 years to repay loans
Importers, who faced losses due to foreign exchange rate spikes, can now repay their loans over a maximum period of eight years...
Tags : exchange rate
Competitive, market-based exchange rate needed
FOR the last couple of months, we have observed a positive trajectory in our foreign remittance inflow. Data disclosed by the central bank demonstrates that remittance inflow for the months of April, May and June 2024 has crossed the $2 billion mark for the respective months. This is not only heartening news but also a sign of optimism...
IMF concerned over delay
The visiting International Monetary Fund mission has expressed concern over delays in introducing the proposed crawling peg for determining the exchange rate...
Bangladesh needs more flexible exchange rate: IMF
The International Monetary Fund has said that Bangladesh should adopt polices to create more flexible exchange rate regimes to build up its forex reserves...