Ensuring quality credit gets top priority in next MPS Ensuring the quality of credit to achieve maximum economic growth by the end of this fiscal gets top priority as the central bank prepared to formulate country’s next monetary policy. Officials said the priority was suggested at an internal preparatory meeting

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.15 % (Mar 12’20) 5.08% (Feb 26’20) 0.07 % Call Money Lending (Crore BDT) 1,592.84 (Mar 12’20) 2,089.65 (Feb 26’20) 14.79 % Prices Weighted Average Deposit Rate 5.69% (Mar ’12) 5.70% (Feb ’20) 0.01 % Weighted Average Lending

FDI hit record USD 2.45 billion last fiscal year Foreign direct investment hit an all-time high of USD 2.45 billion in fiscal 2016-17 on the back of a surge in equity investment by mobile phone operators. The inflows are an increase of 22.54% from a year earlier, according to data

Remittance rebounds Remittance rebounded in October after hitting a seven-year low the previous month, bringing a sigh of relief for the government. The Bangladeshi diaspora sent home $1.16 billion last month, up 14.85 percent from a year earlier and 35.83 percent from the previous month, according to data from the

Banks face huge rush ahead of Eid-ul-Azha With the general banking closing today before the continuous 6-day Eid-ul-Azha vacation, commercial banks are witnessing a huge rush of clients withdrawing cash to meet Eid spending. Over the last three days, the banks in the metropolis have been packed with clients, especially