The executive director-level officials of the Bangladesh Bank have advised the formulation of a balanced and cautious monetary policy to address the pressures on the country's economy caused by the dollar crisis, escalating commodity prices and inflation, and a continuous decline in foreign exchange reserves. During a meeting with Governor Abdur Rouf Talukder on Sunday, the
The central bank has set a goal so that at least 75 per cent of retail transactions are settled through digital technologies by 2027, a move that may give Bangladesh’s digital transformation a massive fillip and turn the cash-based economy into cashless.