About this document
Call Money Rate Crisis in Bangladesh by Golam Rabbane is a document available to read on EtoBox.
1) The inter-bank call money rate in Bangladesh has been over 20% for the past 1.5 months due to a continued liquidity crisis in the banking system. 2) The high rate is attributed to government borrowing from banks and a reduction in repurchase agreement auctions by the central bank. 3) Many banks are refusing credit to clients due to the liquidity issues, while large state banks and some foreign banks are heavily borrowing and lending in the call money market daily.
- Author
- Golam Rabbane
- Language
- EN