Volatility in forex market: BB to sit with ABB, BAFEDA Sunday

The Bangladesh Bank is going to sit with the Association of Bankers, Bangladesh (ABB) and Bangladesh Foreign Exchange Dealers' Association (BAFEDA) Sunday to discuss the ongoing volatility in foreign exchange market.

BB Governor Abdur Rouf Talukder will preside over the meeting while ABB Chairman and BRAC Bank Managing Director Selim RF Hussain and BAFEDA Chairman and Sonali Bank MD and CEO Md Ataur Rahman Prodhan will lead the respective organisations.

The meeting will be held at 3:00pm at the headquarters of the central bank.

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A number of initiatives are likely to come from the meeting for cooling the forex market, said BB officials.