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The Bangladesh Bank today raised the interest rate on the loans made from its export development fund (EDF) by 50 percentage points with an aim to make borrowing costlier and thus save foreign currencies.
DHAKA, Feb 1, 2023 (BSS) - Bangladesh Bank (BB) has raised the interest rate on loans made from its Export Development
Meanwhile, the central bank depreciated the taka again on Wednesday by raising its dollar price by Tk1 to Tk101, aiming at narrowing the gap with market rates
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
The loan agreement also mentions 30 conditions including dynamic fuel pricing, bringing down default loan of state banks and leaving the exchange rate to the market