Dhaka, May 6 -- The Bangladesh Bank (BB) has concluded its latest round of virtual discussions with the International Monetary Fund (IMF) without reaching a consensus on greater exchange rate flexibility, according to sources familiar with the matter.
Bangladesh Bank Governor Ahsan H Mansur, along with Deputy Governors Md. Habibur Rahman and Md. Kabir Ahmed, represented the central bank in the meeting held on Monday evening. Sources confirmed that further discussions will be held with the government before the next round of talks with the IMF.
"The Governor is still trying to persuade the IMF to delay the implementation of a more flexible exchange rate regime, given the current high inflation rate," an official close to the discussions sa...