IMF wants flexible exchange rate, cuts growth forecast

IMF wants flexible exchange rate, cuts growth forecast

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The International Monetary Fund (IMF) has once again recommended introducing flexible currency exchange rates in Bangladesh.

In a virtual press briefing on Tuesday, IMF Asia and Pacific Department (APD) Director Krishna Srinivasan said Bangladesh has a fiscal account deficit and should introduce a flexible or market-based exchange rate to address it. Loss.

The press conference marked the publication of the lending agency's regional economic outlook for Asia and the Pacific.

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