DHAKA -- Bangladesh is raising interest rates to tackle mounting inflation as it launches new policy measures to meet conditions for unlocking more of a $4.7 billion loan from the International Monetary Fund.
Economy
Bangladesh tightens policy to cut inflation, meet IMF conditions
South Asian nation to let local taka currency float freely against U.S. dollar
Bangladesh has been squeezed by a lack of dollars needed to import fuel oil, gas and coal. (Source photos by AP and Reuters)
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