2024-05-19 22:22:27
Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) president Mahbubul Alam mentioned that the greenback value has abruptly elevated by 7 taka. There’s a drawback with the greenback, the disaster remains to be there. We informed the governor that the greenback price ought to stay at 117 rupees. He mentioned we could have one rupee much less or extra. The governor additionally mentioned that the financial institution mortgage curiosity won’t be greater than 14 p.c.
He mentioned these items to the journalists after the dialogue with the Governor of Bangladesh Financial institution on the financial system of the nation on Thursday (Could 16) afternoon. Former President of FBCCI Jasim Uddin, President of BGMEA SM Mannan Kochi, President of BTMA Mohammad Ali Khokon, President of BKMEA Mohammad Hatem and leaders of varied enterprise organizations have been current presently.
The president of FBCCI mentioned that merchants are struggling on account of repeated coverage modifications. Lower than every week after leaving financial institution mortgage rates of interest to the market, Bangladesh Financial institution hinted at oblique intervention. The governor informed FBCCI that the rate of interest won’t exceed 14 p.c.
Mohammad Hatem, President of BKMEA, mentioned, “We’re unable to open LCs due to the excessive value of the greenback.” The Export Growth Fund (EDF) has been decreased to Rs 3 billion. Whereas there isn’t a EDF fund, there are a number of funds, that are mentioned to learn from it.
He mentioned that as a result of enhance within the greenback, some prospects have borrowed greater than the prescribed restrict. Particular advantages might be given to that buyer. This won’t be thought of as a violation of his debt restrict regulation. The governor has assured to offer financial institution and customer-based particular amenities to resolve the problem.