| Bangladesh Bank |
Article Index for Bangladesh |
Website Links For Bangladesh |
Information AboutBangladesh Bank |
| CATEGORIES ABOUT BANGLADESH BANK | |
| central banks | |
| bangladesh | |
| economy of bangladesh | |
| government of bangladesh | |
| banks of bangladesh | |
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ORIGIN After the Liberation War , and the eventual independence of Bangladesh, the Government of Bangladesh reorganized the Dhaka branch of the State Bank Of Pakistan as the Central Bank of the country, and named it Bangladesh Bank. This reorganization was done persuant to Bangladesh Bank Order, 1972, and the Bangladesh Bank came into existence with retrospective effect from 16th December , 1971 . FUNCTIONS Bangladesh Bank performs all the functions which a central bank of any country is expected to perform, and such functions include maintaining the price stability, supporting the economic and monetary policies of the central government, managing the country’s Foreign Exchange and the gold reserve. Like all other central bank across the globe, Bangladesh Bank is both the Government’s banker and the banker’s bank, a “Lender of the Last Resort”. Bangladesh Bank, like most of the central banks of different countries, exercises monopoly over the issue of Currency and the Banknote s. Except for the 1 and 2 Taka notes, it issues all other denominations of Bangladeshi Taka . SEE ALSO EXTERNAL LINK |
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