Internet Edition. September 7, 2007, Updated: Bangladesh Time 12:00 AM 
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Monetary policy measures as per need: BB Governor

UNB, Dhaka

Bangladesh Bank Governor Dr Salehuddin Ahmed Thursday said the central bank would pursue its monetary policy as per the demand of the economy.

"We'll take steps that are necessary for us," he told a visiting delegation from International Monetary Fund (IMF) at Bangladesh Bank conference room.

Led by IMF's Adviser for the Asia and Pacific Department Thomas Rumbaugh, the delegation met the Governor as part of their two-week "Exploratory Mission for PRGF" in Bangladesh that began on Wednesday. The IMF delegation is here to review the most recent macroeconomic situation, including the impact of the ongoing reform programmes the present government is pursuing.

Talking to reporters after the meeting, Dr Salehuddin said Bangladesh Bank apprised the delegation of Bangladesh's efforts to improve the supply situation. "The inflation will come down if we can improve supply."

Replying to a question, he said he expected the supply of essential items to increase in the market and the month of Ramadan would witness a smooth supply.

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