Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Bangladesh Seeking IMF loan as Its FX Reserves Fall

InternationalJul 27, 2022
Bangladesh Seeking IMF loan as Its FX Reserves Fall
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Bangladesh is seeking a loan from the IMF, becoming the latest South Asian nation to ask for financial assistance as surging commodity prices eat the FX reserves faster phase. They decided to seek assistance when the months of imports fell just below 5 months.

A fall in forex reserves in Bangladesh below USD 40 Bn, enough to cover only about five months of imports, has forced the government to seek a $4.5 billion loan from the International Monetary Fund, the Daily Star newspaper said.


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