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Bangladesh Bank (BB) Governor Dr Ahsan H Mansur on Wednesday confirmed that the country will get the stalled fourth and fifth tranches of the IMF loan by June next.
At a press briefing where the governor joined virtually from Dubai said both parties reached a consensus over the release of $1.30 billion in loans after the central bank decided to start a more flexible exchange rate regime.
Under the new system, there will be a band through which the exchange rate will move, but the regulator did not disclose it.
Simultaneously, a stabilisation fund amounting to $500 million has already formed that will be used in stabilising the exchange rate
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