However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.

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

Bangladesh has failed to meet IMF’s target on keeping $17.78 billion as the minimum net international reserve as of December 31 last year

Bangladesh’s preparation for LDC graduation would start in earnest with the International Monetary Fund’s 42-month loan programme, where one of the objectives is to overhaul the monetary and exchange rate policies to meet the needs of an open economy.

The government yesterday reached a preliminary agreement with the International Monetary Fund over a $4.5 billion loan programme, putting to bed all suspense on whether a deal would be struck with the multilateral lender at all.

The national energy crisis is a direct result of the corruption and nepotism encouraged by the indemnity law.

The economy needs firm handling to ensure the situation doesn't turn into a crisis.

An economy without an independent source of data is like an aircraft flying without its airspeed sensors.

Inflation leads to the devaluation of a particular currency.