Dhaka, Feb. 20 -- Bangladesh Bank Governor Dr Ahsan H Mansur on Thursday said that the country's foreign exchange reserves are stable and gradually increasing, despite the delayed disbursement of loan installments from the International Monetary Fund (IMF).

Speaking at an event of Economic Reporters Forum (ERF) in the capital, Dr Mansur highlighted the central bank's primary objective of reducing inflation to a range of 5 to 7 per cent by the end of the year, UNB reports.

He acknowledged the slowdown in private sector credit growth, attributing it to declining bank deposits and increased government borrowing from the banking system.

Dr Mansur noted that the situation is improving as Treasury bill bond rates have declined from 12.5 perc...