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Soft loan, hard debt: How Bangladesh is getting sucked into China's debt trap diplomacy

Soft loan, hard debt: How Bangladesh is getting sucked into China's debt trap diplomacy
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Competitive interest rate and crawling peg system to fix exchange rate soon: Governor Abdur Rouf

Bangladesh Bank (BB) Governor Abdur Rouf Talukder yesterday (5 May) said the central bank will soon adopt a market-based interest rate and apply a crawling peg system to fix the foreign exchange rate. He said the BB is working with prominent economists and bankers to prepare a contractionary monetary policy measure to curb inflation and restore macroeconomic stability. Abdur ....

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