BB to unveil Monetary Policy Review tomorrow

Bangladesh Bank (BB) is set to announce its flagship monetary policy statement (MPS) tomorrow (Thursday) for fiscal year 2022-23 (FY23).

"BB Governor Fazle Kabir will unveil the MPS tomorrow at 3pm at a press conference at the central bank headquarters in Motijheel," said a BB press release on Wednesday, reports BSS.

Talking to BSS, a senior official said the central bank has prioritised curbing commodity prices, among other things, in formulating monetary policy for fiscal 2022-23.

Other priorities are stabilising the foreign exchange markets and keeping foreign currency reserve and public debt at a comfortable level, he added.