Dhaka, Oct. 30 -- The International Monetary Fund (IMF) has expressed satisfaction with Bangladesh's performance in controlling inflation and maintaining foreign currency reserves.

These observations followed the first round of meetings held in the city today as part of the IMF's 5th Review Mission to Bangladesh.

The IMF team arrived in Dhaka to review progress on loan conditions. The mission, led by Chris Papageorgiou, will remain in the country until November 13 for a comprehensive review and talks with the Bangladesh Bank and various ministries.

Talking to BSS, a senior official of Bangladesh Bank said that the IMF had reviewed the country's reserve position and expressed satisfaction with the current level. He said, the IMF team me...