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MCCI delegation meets BB governor

  • Staff Correspondent
  • 28 July, 2022 12:00 AM
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MCCI delegation meets BB governor
A delegation from the Metropolitan Chamber of Commerce and Industry (MCCI) led by its President Md Saiful Islam present a bouquet to new Governor of Bangladesh Bank (BB) Abdur Rouf Talukder at his office in the capital on Wednesday.

A delegation from the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) headed by its President Md Saiful Islam, called on the new Governor of Bangladesh Bank (BB) Abdur Rouf Talukder at his office on Wednesday.

The other members of the delegation were Senior Vice-President Kamran T Rahman, Vice-President Habibullah N Karim, Members of the Board of Directors Syed Tareque Md Ali, Rubaiyat Jamil, Nihad Kabir, Anis A Khan, Syed Nasim Manzur, and the Secretary-General and CEO Farooq Ahmed, said a press release.

The President congratulated the Governor for assuming his new role. He also appreciated his clearly indicating his three priority areas from the very beginning: controlling inflation, managing the exchange rate, and increasing the foreign exchange reserves.

He praised the professional excellence displayed by BB during crucial periods and commended its efficient management of the money market.

The BB Governor mentioned that it was a temporary measure to face the immediate challenges of the Dollar scarcity and would not last beyond December 2022.

The Governor emphasized on inflation control through various innovative means geared to facilitate job creation. He also mentioned about supporting the people whose purchasing powers have diminished.

The Governor also discussed the inflow and outflow of dollars and Bangladesh reaching out towards a secured position, hopefully by December 2022.

The MCCI delegation requested the Governor to enhance the allocation for Export Development Fund at a lower interest rate to boost the country’s export.

The MCCI delegation also suggested considering a second currency other than the dollar for international trading, particularly with those nations from whom Bangladesh imported in large volumes.

Finally, both MCCI and BB representatives agreed to have more frequent interactions and exchange of views.