Dhaka, June 20 -- Sluggish business, trade and investment have left an impact on short-term foreign loans in Bangladesh. Traders and entrepreneurs have begun to pay key amounts and interests of foreign debt taken early, out of fear in a spike in dollar prices. As a result, the balance of foreign debt dropped.

The short-term foreign debt balance dropped by $890 million year-on-year, or 7.99 percent in April, according to the updated data by Bangladesh Bank published on Wednesday.

The short-term foreign debt balance stood at $10.25 billion at the end of April this year. The figure was $11.14 billion in April 2024.

Shahadat Hossain, managing director of Anne Apparels, who took short-term loans for a period of less than a year, told bdnews...