Asif Khan.
প্রবৃদ্ধি, মূল্যস্ফীতি ও বিনিময় হারের মাঝে কেন্দ্রীয় ব্যাংক
বাংলাদেশের অর্থনীতি এখন একটি ‘ধ্রুপদি অর্থনৈতিক স্থবিরতার’ মধ্য দিয়ে যাচ্ছে। বইয়ের ভাষায় বলা হয় ক্ল্যাসিক স্ট্যাগফ্ল্যাশন। প্রবৃদ্ধি একদিকে অস্বাভাবিক রকম দুর্বল, অন্যদিকে মূল্যস্ফীতি চড়া। এমন এক পরিস্থিতিতে বাংলাদেশ ব্যাংকের সাম্প্রতিক সিদ্ধান্তগুলো নতুন করে প্রশ্ন তুলেছে—কেন্দ্রীয় ব্যাংকের সামনে নীতি অবস্থানের বিকল্পগুলো আসলে কেমন? অর্থনীতির প্রবৃদ্ধির চিত্র অবশ্যই উদ্বেগজনক। গত অর্থবছরের মার্চ প্রান্তিকে প্রকৃত জিডিপি প্রবৃদ্ধির হার […]
Bangladesh Needs One Green Bond Taxonomy, not Three
Bangladesh has been building a green finance framework for over a decade. It started early and is still, in some ways, ahead of its peers. But the framework has grown in pieces, issued by different regulators at different times for different issuers. The result is a green bond market with more than one rulebook and […]
Bangladesh Bank’s Record Profit, Explained
Bangladesh Bank’s earnings surged as banks and the government borrowed more, raising questions over whether record central bank profits reflect strength or stress in the economy.
What Bangladesh Bank’s Rate Cut Really Signals
Prioritizing economic growth over sticky inflation, Bangladesh Bank's rate cut signals a pivot toward rescuing private investment—but its success hinges on letting the currency flex and abandoning conflicting administrative caps.
Why a 4% Cap is a Bad Idea
In an effort to manage borrowing costs and ease pressure on businesses, Bangladesh Bank recently introduced a 4% cap on the lending-deposit spread -- the margin between what a bank pays its depositors
Economic Crosswinds: The Taka Faces New Global Pressures
To stabilize the economy, policymakers face a critical trade-off between allowing BDT depreciation—which benefits exporters but fuels inflation—and hiking interest rates at the expense of business growth.
How Can We Revive Bangladesh’s Capital Markets?
The capital market in Bangladesh faces three core challenges: market integrity, market depth, and demand
Should Banks Invest in Govt. Securities?
The path forward lies in coordinated monetary and fiscal reforms that align incentives and create conditions for sustainable credit growth
Why Bangladesh Bank is Prioritising FX Reserves over Inflation in its Rate Decisions
At the end of May 2025, the inflation rate stood at 9.05%, while the policy interest rate was 10.00% and the 91-day treasury bill yield was as high as 12.02%
Listing More Govt Firms Won’t Strengthen Capital Market Unless Reforms Come First
Initially, the motivation for listing SOEs was to encourage better governance through market discipline. However, no meaningful effort has been made to assess whether listed SOEs actually outperform their unlisted peers