Bangladesh prepares for Libor phase-out

ডেইলি স্টার প্রকাশিত: ২২ জুন ২০২১, ০০:০০

The Bangladesh Bank yesterday issued a policy on calculating the interest rate of short-term foreign loans as the London Interbank Offered Rate (Libor) is set to be phased out gradually from next year. The policy will help exporters and importers prepare for the discontinuation of the global benchmark rate so that their borrowing does not suffer.   The Libor is a benchmark
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