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Bangladesh Bank performs all the functions that a central bank of any country is expected to perform, and such functions include maintaining the price stability through economic and monetary policy measures, managing the country’s foreign exchange and the gold reserve and regulating the banking sector of the country.
The Bangladesh Bank performs all the functions that a central bank in any country is expected to perform. Such functions include maintaining price stability through economic and monetary policy measures, managing the country's foreign exchange and gold reserve, and regulating the banking sector of the country.
- Abdullah Al-Mamun
The broad objectives of the Bank are: a) To regulate the issue of the currency and the keeping of reserves, b) To manage the monetary and credit system of Bangladesh with a view to stabilizing domestic monetary value, c) To promote and maintain a high level of production, and to foster growth and development of the country's productive resources...
As the central bank, it performs key functions such as maintaining price stability through monetary policy, managing foreign exchange reserves, regulating the banking sector, acting as a lender of last resort, and issuing currency (except for low denomination notes).
Jun 22, 2019 · The document discusses the functions of central banks and Bangladesh Bank specifically. It provides background on central banks in general, outlining their key responsibilities as controlling the money supply, regulating commercial banks, and acting as a lender of last resort.
This document summarizes the roles and functions of Bangladesh Bank, the central bank of Bangladesh. It was established in 1972 as the regulatory body for Bangladesh's monetary and financial system. As the central bank, it acts as the government's banker and implements monetary and credit policies.
All banks are to manage with the newly evolving processes, procedures, systems and technologies for smooth operation of banking activities and to serve the customers. Bangladesh has 56 scheduled banks of various types according to a statement on official website of Bangladesh Bank.
