BB introduces crawling peg, sets Tk 117 per USD as mid-point bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART).
The fall in exports in April led to a slowdown in overall exports, which hit 3.93 percent in the ten months since July, the first month of the current fiscal year, compared to 4.39 percent in the July-March period of the same fiscal.
In the study, the Policy Research Institute of Bangladesh (PRI) found that by 2035, the government would be able to raise 6.8 lakh crore at the current pace of collections. If reforms are carried out, it will go up to Tk 21.1 lakh crore.
In a surprise move, Sudan's Rapid Support Forces (RSF) have set up a civilian administration for Gezira State in central Sudan. The team comprises 31 members, led by Sadiq Ahmed. This decision follows chaos in the state since the army withdrew from the Wad Madani base on December 18 last year, which the RSF took over. The RSF announced the formation of a civil council, electing Ahmed as its head. The election took place with significant participation from local civil society figures.