single exchange rate system

Lending, exchange rates still not market-driven: IMF

Bangladesh Bank introduced a new formula in June to determine the lending interest rate and brought about a single exchange rate recently but both are yet to be determined by the open market, the International Monetary Fund (IMF) has said.
12 October 2023

Banks increase dollar buying rate

Exporters, remittance recipients will get Tk 107 for $1
31 May 2023