Dhaka, Dec. 4 -- Bangladesh Bank Governor Dr Ahsan H Mansur on Thursday said the country's economic policy is independently formulated and not dictated by the International Monetary Fund (IMF) or the World Bank.

"If we follow their prescriptions blindly, the exchange rate could surge to around Tk 170-180 per US dollar, as has happened in Pakistan and Sri Lanka," he said.

The governor made the remarks while speaking as the special guest at the 'Investment Dialogue with Local Partners' held at the multipurpose hall of the Bangladesh Investment Development Authority (BIDA) on Thursday.

Energy Adviser Muhammad Fouzul Kabir Khan was also present as the chief guest in the programme.

Dr Mansur said inflation is expected to fall to 5 percent ...