Dhaka Chamber of Commerce & Industry (DCCI) on Monday expressed deep concern over the central bank’s continued contractionary ...
Businesses have been pressuring the central bank to reduce the policy rate, arguing that high interest rates have made borrowing costly and constrained business operations ...
The central bank said it would continue its contractionary monetary stance until inflation declines to 7 per cent.
Bangladesh’s experiment with tight monetary policy -- raising borrowing costs to curb persistently high inflation -- has hit a pause marked by uncertainty. The central bank had pledged to hold the ...
The announcement comes as the IMF advises Bangladesh not to reduce the policy interest rate until inflation falls below 7 ...
Discover non-standard monetary policies, those beyond traditional methods, and their role in economic recovery; see examples like quantitative easing and negative rates.
Dhaka, Feb. 9 -- Dhaka Chamber of Commerce & Industry (DCCI) on Monday expressed deep concern over the central bank's continued contractionary monetary policy, warning that prolonged tightening is ...