Leaders of the two top chambers said increasing the policy interest rate to contain inflation is likely to affect businesses and could impact banking liquidity available for private credit.
The Bangladesh Bank yesterday announced an array of measures to bolster its fight against stubbornly high inflation, a major headache for the new government.
The Bangladesh Bank yesterday announced an array of measures to bolster its fight against stubbornly high inflation, a major headache for the new government.
Despite persisting uncertainty, the economy apparently took a backseat in the last few weeks or so owing to worry surrounding the national elections. Since it took place on Sunday largely peacefully, it did not inflict any major harm on the already bruised economy.