News
Food costs rise along with oil prices, what will Bangladesh do
19+ hour, 58+ min ago (693+ words) Amid the ongoing Israel-Iran conflict, the global economy is once again heading toward a major crisis. Earlier, the Russia-Ukraine war had shaken the world economy, and analysts fear that the impact this time could be even greater. Even after the…...
BB governor meets economists on Middle East crisis impact
1+ day, 13+ hour ago (618+ words) Eight of the country's top economists have advised Bangladesh Bank to maintain its reserves to withstand the upcoming economic shock caused by the crisis in the Middle East. They said the extent of the crisis is still unclear. If it…...
Autonomy: Why independence of central bank must not be compromised
1+ day, 22+ hour ago (354+ words) The recent change of governor at Bangladesh Bank has generated considerable debate. Many had expected that Ahsan H Mansur would complete his tenure. That expectation has proved misplaced. This is because political governments generally prefer to place individuals of their…...
Monetary policy committee: Meeting not held, 1 member resigns
3+ day, 17+ hour ago (734+ words) When the Bangladesh Awami League (AL) government fell a year and a half ago, inflation in the country had risen to 11.5 per cent. At the time, the new governor of Bangladesh Bank, Ahsan H Mansur, took steps to control inflation…...
BB Governor change: Qualified people won't be interested in such positions in future
1+ week, 3+ day ago (244+ words) It is not unusual for a new government to reshuffle people in various important posts. But the way the recently outgoing governor of Bangladesh Bank, Ahsan H Mansur, was removed was not what he deserved. He could have been given…...
When appointing a businessperson as central bank governor is a rare event
1+ week, 4+ day ago (619+ words) It is unprecedented in Bangladesh for a career businessperson to be appointed governor. Globally, too, examples of a full-time business executive being placed at the helm of a central bank are rare. India's central bank, the Reserve Bank of India,…...