Dollar pressure rises as short-term foreign debt drops $300m in October
Bangladesh’s foreign reserves have fallen by $3.7 billion in just three months
Source: tbsnews.net
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Bangladesh’s foreign reserves have fallen by $3.7 billion in just three months
The ARRC officially recommended the usage of SOFR term rates. Market participants should evaluate how and when to adopt Term SOFR and take steps to comply with requirements. We provide some background on Term SOFR and its development and discuss practical considerations.