Money Market   Parameters Current Period Earlier Period Change   Average Call Money Rate 4.50% (Oct 23’19) 4.97% (Oct 16’19) 0.47%   Call Money Lending (Crore BDT) 7,006.30 (Oct 23’19) 8,933.30 (Oct 16’19) 21.57% Prices Weighted Average Deposit Rate 5.60% (Aug ’19) 5.60% (Aug ’19) 0.00% Weighted Average Lending Rate

Boost private investment to create more jobs Bangladesh must increase the stymied private investment to boost economic growth and help generate enough jobs for its burgeoning workforce, the central bank recommends. “To reach the next phase of growth, Bangladesh needs to increase the level of private investment to create jobs

Raise savings tools’ investment ceiling Government secretaries have requested the finance minister to raise the ceiling on investment in savings tools to help them during their old age. They made the request at a pre-budget discussion. Presently, a government official can invest up to 45%of his or her retirement benefits

‘Best’ bank put in a sticky stew By all indicators it was deemed to be the best performing bank in Bangladesh, posting a profit of Tk 2,300 crore last year, leaving any other private bank far behind. However, that could not rid the bank of its ill repute—that it was

Stronger US dollar plays role in inflow of remittance The continued appreciation of US dollar against Bangladeshi Taka (BDT) is playing an important role in increasing the inflow of remittances into Bangladesh, observed experts, reports BSS. The inflow of remittance over the first five months of the current fiscal year