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Loan from export development fund made costlier

Published: February 1, 2023

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.

Source: thedailystar.net

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International Monetary FundBangladesh BankDf LoansExport Development FundExport LoansImport LoansForeign CurrenciesDollar CrisisForex Crisis