
Bangladesh Central Bank Maintains Policy Rate as Inflation Eases
The Bangladesh central bank has decided to maintain its current policy interest rate amidst a noticeable decline in inflation rates. This decision, taken during a recent meeting, reflects a cautious approach to the monetary policy steering committee about the country’s economic conditions and outlook.
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Moody's Downgrades Bangladesh to Junk Status Amid Heightened Political Concerns
In a significant move, Moody's Investors Service has further downgraded Bangladesh's credit rating into junk territory, driven largely by escalating political risks and rising economic challenges. This decision marks a crucial moment for the South Asian nation that has been struggling to maintain fiscal stability while grappling with a turbulent political landscape.
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India Faces Economic Setback as US Trade Shifts Away from China, New Study Reveals
Recent research has indicated that India is grappling with a significant decrease in export growth as the United States strategically redirects its trade focus from China. This shift in global supply chains is not only causing economic ripples but also placing India at a competitive disadvantage compared to its regional rivals, such as Bangladesh and Vietnam.
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