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The Bangladesh Bank today raised the interest rate on the loans made from its Export Development Fund (EDF) by 50 per cent with a view to making borrowing costlier and thus saving foreign currencies. ....
Foreign exchange reserves in Bangladesh have slipped below $40 billion after the Bangladesh Bank cleared the import payments to the Asian Clearing Union (ACU). ....
Bangladesh Bank injected $42 million into the market yesterday to help banks settle import bills and prevent a fall of the taka, said a central bank official. ....