RCL Monetary Policy Statement(MPS) Analysis January to June FY’2023
RCL Monetary Policy Statement(MPS) Analysis January to June FY’2023

RCL Monetary Policy Statement(MPS) Analysis January to June FY’2023 report summarizes and illustrates the overall monetary policy taken by Bangladesh Bank. Based on BB’s fresh money injections, broad money is projected to increase by 12.1% in June 2023 from 8.4% in Dec 2023. This de-leveraging is expected to solve liquidity shortfall considering the risk of hyperinflation induced by banking sector loan scams, inflationary pressures, and weak governance.

Currency Correlation
Currency Correlation

Currency correlation is an essential factor in the foreign exchange market. It refers to the relationship between the value of two different currency pairs, and the impact this has on the market.