The Bangladesh Bank is going to take a raft of policy measures to tackle inflationary pressure, volatility in the foreign exchange market and growing non-performing loans (NPLs) and give a much-needed boost to the forex reserve.
Dealing with these two major challenges is essential for macroeconomic stability
Volatility continued to prevail in the country’s foreign exchange market, with the price of every dollar hitting a record Tk 119 in the open market yesterday from Tk 115 on Monday.
Bangladesh Bank Governor Fazle Kabir today said the country’s foreign exchange reserves are still in a comfort zone.
