BANGLADESH NEWS
The Bangladesh Bank targets private sector credit growth at 18.3 percent for the second half of the current year in its monetary policy.
The target was 16 percent last June.
The policy is for July-December.
Bangladesh Bank Governor Atiur Rahman announced the monetary policy statement at his office in the capital on Wednesday.
"This monetary policy stands also to preserve the country's prevailing external sector stability in light of the subdued outlook for global trade," the monetary policy said.
The BB also expressed that the policy will work for a modest growth in foreign reserve in fiscal 2013.
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