Report on Bangladesh BankSubmitted by Group Name: Sl.Name ID PROGRAM01 SAIF MUHAMMAD FAHAD 152-14-595 MBADepartment of Bu!ne A"m!n!trat!onDaffo"!# Internat!ona# Un!$er!t%Au&ut 10' 2015Report on Bangladesh BankSubmitted to (an)!na Hoa!nDepartment of Bu!ne A"m!n!trat!onDaffo"!# Internat!ona# Un!$er!t%Au&ut 10' 2015Letter o !ransmittalDate: Au&ut 10' 2015(an)!na Hoa!nS*+oo# of Bu!ne A"m!n!trat!onDaffo"!# Internat!ona# Un!$er!t%D+a,a-Su./e*t: (ranm!tt!n& t+e report on 0Bana"e+ Ban,1Dear Ma"am'It ! our p#eaure to u.m!t t+! report on t+e top!* 0Bana"e+ Ban,12e +a$e tr!e" our .et to ana#%)e a## ne*ear% !nformat!on re#ate" to our top!* an" preent aaffe*t!onate#% a po!.#e- It ! not !mpo!.#e t+at t+ere 3!## .e m!nor m!ta,e !n t+! report- Butt!## 3e +ope t+at t+! report 3!## pro$!"e t+e appropr!ate ana#%! on t+e top!* of 0Bana"e+Ban,1In*on*#u!on'2e3anttoe4preourt+an,to%ou' a3!t+out%our*o-operat!on!t3ou#".are#% !mpo!.#e for u to prepare t+! report re#ate" to our u./e*t- If %ou nee" an% +e#p to!nterpret an%t+!n& of t+! report' p#eae #et u !nform-(+an,!n& %ou

Group Name: 5!ABL" O# $ON!"N!S# (op!* 6a&e No-Latter o !ransmittalIntrodu%tion&istoryOb'e%ti(e o Bangladesh Bank)ision o Bangladesh BankMission o Bangladesh BankIN!ROD*$!IONBana"e+ Ban, t+e *entra# .an, an" monetar% aut+or!t% of t+e *ountr%- It *ame !nto e4!ten*eun"er t+e Bana"e+ Ban, 7r"er 1982 96re!"ent!a# 7r"er No- 128 of 1982: 3+!*+ too, effe*ton1;De*em.er1981- (+rou&+t+!or"er't+eent!reoperat!onoft+eformerStateBan,of6a,!tan !n t+e eatern 3!n& 3a tranferre" to Bana"e+ Ban,- (+e po3er an" fun*t!on ofBana"e+ Ban, are &o$erne" .% $ar!ou #a3 an" a*t !n*#u"!n& t+e Ban,er< Boo, =$!"en*eA*t 1>91' Ino#$en*% A*t 1920' Ban,!n& ?ompan!e 7r"!nan*e 19;2' Bana"e+ Ban, 7r"er1982' Fore!&n =4*+an&e 9Re&u#at!on: A*t 19>;' Mone% @oan ?ourt A*t 1990' Ban,!n&?ompan!e A*t 1991' F!nan*!a# Int!tut!on A*t 199A an" Ru#e 1994' ?ompan!e A*t 1994 an"Ban,rupt*% A*t 1998-&IS!OR+After t+e#!.erat!on3ar' an"t+ee$entua# !n"epen"en*eof Bana"e+' t+eGo$ernment ofBana"e+ reor&an!)e" t+e D+a,a.ran*+ of t+e State Ban, of 6a,!tana t+e *entra# .an,oft+e *ountr%' an" name" !t Bana"e+ Ban,- (+! reor&an!)at!on 3a "one puruant toBana"e+ Ban, 7r"er' 1982' an" t+e Bana"e+ Ban, *ame !nto e4!ten*e 3!t+ retrope*t!$eeffe*t from 1;t+ De*em.er' 1981-(+e +!&+et off!*!a# !n t+e .an, ! t+e Go$ernor 9*urrent#% Dr- At!ur Ra+man:- (+e Go$ernor*+a!r t+e Boar" of D!re*tor- (+e =4e*ut!$e Staff' a#o +ea"e" .% t+e Go$ernor' are repon!.#efor t+e "a% to "a% affa!r-OB,"$!I)"S O# BANGLAD"S& BAN-A t+e *entra# Ban, of Bana"e+' t+e .roa" o./e*t!$e of t+e Ban, are: (o re&u#ate *urren*% !uan*e an" to ,eep fore!&n e4*+an&e reer$e- (omana&et+emonetar%an"*re"!t %temofBana"e+3!t+a$!e3tota.!#!)!n&"omet!* monetar% $a#ue- (o preer$e t+e par $a#ue of t+e Bana"e+ (a,a- (opromotean"ma!nta!na+!&+#e$e# ofpro"u*t!on' emp#o%ment an"rea# !n*ome!nBana"e+B an" to foter &ro3t+ an" "e$e#opment of t+e *ountr%< pro"u*t!$e reour*e-)ISIONS O# BANGLAD"S& BAN-(+e Bana"e+ Ban, 9BB:' t+rou&+ enur!n& t+e Cua#!t% of er$!*e an" t+e *ompeten*e of !ttaff' +a## operate a a mo"ern' "%nam!*' effe*t!$e' an" for3ar"-#oo,!n& *entra# .an, to mana&et+e *ountr%D monetar% an" f!nan*!a# %tem 3!t+ a $!e3 to ta.!#!)!n& t+e !nterna# an" e4terna#$a#ue of Bana"e+ (a,a *on"u*!$e to rap!" &ro3t+ an" "e$e#opment of t+e e*onom%-MISSIONS O# BANGLAD"S& BAN-(oup+o#"t+e$!!onan"!npuruant 3!t+t+eBana"e+Ban,7r"erof1982' Bana"e+Ban,D m!!on ! to promote an" ma!nta!n ma*roe*onom!* an" pr!*e ta.!#!t% t+rou&+: Formu#at!n& an" !mp#ement!n& appropr!ate monetar% po#!*% *on!tent 3!t+ t+e *ountr%Dnat!ona# "e$e#opment &oa#- 6uru!n& pru"ent po#!*!e to enure ta.#e !nterna# an" e4terna# $a#ue of (a,a- I"ent!f%!n& po#!*% pr!or!t!e for !mp#ementat!on .% t+e Go$ernment t+rou&+ ae!n& t+etranm!!on *+anne# an" t+e !ntera*t!on of monetar% po#!*% 3!t+ f!*a#' e4*+an&e rate'an" ot+er ma*roe*onom!* po#!*!e an" t+e!r !mpa*t on t+e e*onom%- 6ropo!n&ne*ear%#e&!#at!$emeaure toatta!nt+e*entra# .an,Do./e*t!$e an"perform !t fun*t!on !n*#u"!n& trate&!e an" re&u#at!on for an" uper$!!on of .an,!n&*ompan!e an" f!nan*!a# !nt!tut!on 3!t+ t+e a!mto pro$!"!n& eff!*!ent f!nan*!a#!nterme"!at!on an" f!nan*!a# er$!*e to #ar&e' me"!um' ma##' an" m!*ro enterpr!e an"to pro-poor a*t!$!t!e- 6romot!n&' re&u#at!n& an" enur!n& a e*ure an" eff!*!ent pa%ment %tem' !n*#u"!n& t+e!ue of Ban, Note-(o t+! en"' Bana"e+ Ban, 3ou#" enure t+at !t +a t+e reCu!!te +uman an" !nfratru*tura#reour*e an" .u!#" !t *apa.!#!t% to promote an" enure a ro.ut an" 3e##-fun*t!on!n& f!nan*!a#e*tor- (+! m!!on tatement p#e"&e t+at t+e &u!"!n& p+!#oop+%of Bana"e+ Ban,Doperat!on 3ou#" .e oun" re&u#ator% frame3or, *on"u*!$e to t+e operat!on of eff!*!ent mar,etme*+an!ma#on& 3!t+ tranparen*% an" a**ounta.!#!t%' profe!ona#!m' et+!*a# tan"ar"'a"opt!onofmo"ernte*+no#o&%!noperat!ona# an""e*!!onma,!n&pro*ee' an"trut an"repe*t !n a## re#at!on- 6er!o"!* trate&!* p#ann!n& 3ou#" er$e to !"ent!f% t+e emer&!n&*+a##en&e' ,e% *+an&e affe*t!n& Bana"e+ Ban,D !nterna# an" e4terna# en$!ronment an" et!t trate&!*&u!"e#!ne' et pr!or!t!e' promote!mpro$ement !nmana&ement pra*t!*e' an"!n"u*ene*ear%*+an&e !nor&an!)at!ona# *u#ture- (ofu#f!## !t m!!on' Bana"e+Ban,3ou#" un"erta,e a*t!$!t!e re#ate" to "e$e#op!n& t+e nat!ona# f!nan*!a# %tem an" mana&ementof monetar%' fore!&n e4*+an&e' an" *re"!t po#!*!e- (+e Bana"e+ Ban,D *ore m!!ontrate&!e *o$er .ot+ monetar% po#!*% an" f!nan*!a# e*tor "e$e#opment-#*N$!IONS O# BANGLAD"S& BAN-General #un%tion Bank o issue.(+e !ue of paper mone% ! t+e mot !mportant fun*t!on of a *entra# .an,- In fa*t t+epr!$!#e&e of note-!ue 3a a#mot e$er%3+ere ao*!ate" 3!t+ t+e or!&!n an""e$e#opment of *entra# .an,- ?entra# .an, 3ere &enera##% ,no3n a E.an, of !ueDunt!# t+e .e&!nn!n& of t+e t3ent!et+ *entur%- (+e !ue of mone% 3a a#3a% *#a!me" to.e a prero&at!$e of t+e &o$ernment- Banker/ Agent 0 Ad(iser to the Go(ernment.A *entra# .an, fun*t!on a a .an,er to t+e &o$ernment of t+e *ountr%- In t+! *apa*!t%' !t*on"u*t t+e .an,!n& a**ount of &o$ernment "epartment' !nt!tut!on F enterpr!e- Itma,e +ort-term a"$an*e to t+e Go$ernment !n norma# *on"!t!on an" e4tra or"!nar%a"$an*e "ur!n& a "epre!on' 3ar or ot+er emer&en*%- It *arr!e out t+e &o$ernmentDtrana*t!on !n$o#$!n& pur*+ae or a#e of fore!&n *urren*!e-A an a"$!er to t+e &o$ernment t+e *entra# .an, &!$e a"$!*e to t+e &o$t- on !mportantmatter of e*onom!* po#!*% #!,e "ef!*!t f!nan*!n&' tra"e po#!*%' fore!&n e4*+an&e po#!*%et*- (+e u#t!mate repon!.!#!t% for #a%!n& "o3n t+e monetar% po#!*% an" ma!nta!n!n& t+emonetar% tare" #!e 3!t+ t+e &o$ernment- $ustodian o the %ash reser(es o the %ommer%ial Bank.(+e *ommer*!a# .an, !n t+e *ountr% ,eep a part of t+e!r *a+ .a#an*e a "epo!t 3!t+t+e *entra# .an,' e!t+er $o#untar!#% .e*aue *on$er!on or .e*aue of ome #e&a#o.#!&at!on- In man% *ountr!e' t+e .an, are reCu!re" un"er ome #e&!#at!on to ma!nta!ntatutor% m!n!mum *a+ reer$e' mot#% a a pe*!f!e" proport!on of t+e!r "epo!t- $ustodian o the nation1s reser(es o international %urren%y.(+e*entra# .an,' fun*t!onof +o#"!n&t+enat!onDmeta##!*reer$e an"!tfore!&ne4*+an&e reer$e 3a automat!*a##% "er!$e" from !t fun*t!on a t+e .an, of !ue an"t+e*uto"!anof *ommer*!a# .an, *a+preer$e- Inmot *ae a*entra# .an,!reCu!re" .% #a3 to ma!nta!n a m!n!mum reer$e a&a!nt !t note !ue- Lender o last resort. (+ee4pre!on#en"er of #at reort !mp#!e"t+eaumpt!onof t+erepon!.!#!t%ofmeet!n&"!re*t#%or!n"!re*t#%- (+e?entra# Ban,+e#pt+emem.er.an,!nt!meof*r!!- If t+e .an, *anDt mana&e t+e mone% t+en Bana"e+ .an, +e#p t+oe*ommer*!a# .an, .% upp#%!n& t+em mone%- $entral %learan%e/ settlement and transer.A t+e *entra# .an,! t+e *uto"!anof *a+reer$eof t+e *ommer*!a#.an,' !t*anea!#%aumet+efun*t!onofa*t!n&aa*#ear!n&+ourorett#ement .an,forot+er.an, !n t+e *ountr%-A a## .an, ma!nta!n t+e!r a**ount 3!t+ t+e *entra# .an,' t+e *#a!m of .an, a&a!ntoneanot+erareett#e".%!mp#etranferfroman"tot+e!ra**ountt+!met+o"ofett#!n& a**ount t+rou&+ t+e *entra# .an, apart from .e!n& of &reat *on$en!en*e to t+e.an,!n& %tem' pro$!"e e*onom% !n t+e ue of mone% !n .an,!n& operat!on- It ten"&enera##% to tren&t+en t+e .an,!n& %tem of a *ountr%- $ontroller o %redit.(+e *ontro# of *re"!t ! *on!"ere" to .e t+e ma!n fun*t!on of a *entra# .an,- De Go*,o.er$e' 0It !t+efun*t!on3+!*+em.ra*et+emot !mportant Cuet!onof*entra#.an,!n& po#!*% an" t+e one t+orou&+ 3+!*+ pra*t!*a##% a## t+e ot+er fun*t!on are un!te"an" ma"e to er$e a *ommon purpoe-1(+e *entra# .an, fun*t!on of note-!ue' t+e mana&ement of &o$ernment a**ount' an"t+e *uto"% of t+e *ommer*!a# .an, *a+ reer$e a#on& 3!t+ t+oe of re"!*ount an"#en"er #at reort' are *#oe#% ao*!ate" 3!t+ t+e *ontro# of *re"!t .% t+e *entra# .an,- Aneffe*t!$emonetar%mana&ement reCu!rea*entra#!)e"*ontro# o$er.ot+*urren*%an"*re"!t- (+at !3+%t+e*entra# .an,' 3+!*+en/o%t+emonopo#%of note-!ue' a#oe4er*!e *ontro# o$er e4*e!$e e4pan!on of *re"!t .% t+e *ommer*!a# .an,- Promoter o e%onomi% de(elo2ment.(+e mo"ern *entra# .an, ! an !nt!tut!on repon!.#e not on#% for t+e ma!ntenan*e ofe*onom!* ta.!#!t%B !t a#o perform a $ar!et% of "e$e#opment an" promot!ona# fa*t!on'3+!*+ 3ere re&ar"e" !n t+e pat a .e!n& out!"e t+e norma# pur$!e3 of *entra# .an,!n&-(+e ma!n o./e*t!$e of a *entra# .an,D monetar% po#!*% ! to a*+!e$e &ro3t+ 3!t+ ta.!#!t%3!t+!n t+e frame 3or, of t+e &enera# e*onom!* po#!*% of t+e *ountr%- For t+e a,e ofe*onom!* "e$e#opment t+e *entra# .an,+ou#"pro$!"e uff!*!ent Cua#!t%of mone%appropr!ate to &ro3t+ pro*e-#un%tion as Go(ernment Bank?entra# .an, ! ,no3n a &o$t- .an, a## o$er t+e 3or#"- ?entra# .an, e$er%3+ere fu#f!## t+efun*t!on of .an,er' a&ent an" a"$!er of t+e &o$ernment- ?entra# .an, perform t+e fo##o3!n&fun*t!on &o$t- .an,- Maintain go(ernment und and a%%ounts.?entra#.an,ma!nta!nan"mon!tor&o$t- fun"an"reer$eon.e+a#fGo$t- Fort+!reaon *entra# .an, ! *a##e" t+e *uto"!an of &o$t- fun"- $olle%tion and transer o money.?entra# .an, *o##e*t &o$t- re$enue from "!fferent e*tor an" "epo!t !t t+e a**ount of&o$t- Be!"e!ttranfermone%fromonep#a*etoanot+era**or"!n&to"!re*t!onof&o$t- &andling o go(ernment monetary transa%tion.?entra# .an, perform a## monetar% trana*t!on of +ome an" a.roa" on .e+a#f of &o$t-A**or"!n& to M-H- De-Go*, 0!t *arr!e out t+e &o$t-D !n$o#$!n& pur*+ae an" a#e offore!&n *urren*!e- San%tioning and su2er(ision o loan. ?entra# .an, not on#% perform monetar% trana*t!on on .e+a#f of &o$t- .ut a#o an*t!onuper$!!n& of #oan of "!fferent m!n!tr%' "epartment an" !nt!tut!on of &o$t- Maintaining relation 3ith oreign bank.A an a&ent of &o$t- *entra# .an, ma!nta!n re#at!on+!p 3!t+ *entra# .an, of "!fferent*ountr!e' 2or#" Ban, 92B:' Internat!ona# Monetar% Fun" 9IMF:' Re&!ona#De$e#opment .an, 9!-e- ADB:' "!fferent "e$e#opment a&en*!e et*- Ad(iser and agent o go(ernment. ?entra# .an, a*t a a&ent of &o$t- to eta.#!+ an" ma!nta!n re#at!on+!p 3!t+ "!fferentpart!e !n!"e an" out!"e t+e *ountr%- It a#o a"$!e &o$t- !n po#!*% ma,!n&- Im2lementation o go(ernment monetary 2oli%y. (+e!mp#ementat!onof &o$ernment monetar%po#!*%!nt+et!m!n&of !mpa*t ont+ee*onom!* !nf#at!on !n t+e *ountr%-?entra# .an, !nf#uen*e t+e e*onom% t+rou&+monetar% po#!*%' .e*aue of t+e monetar% po#!*% ! $er% !mportant to t+e !n$etor-#un%tion as a Banker o other?entra# .an, perform t+e fo##o3!n& fun*t!on a a .an,er of ot+er .an,- S%heduling bank. ?entra# &!$e t+e #!*eneHperm!!on of ne3 .an, to tart .u!ne an" *+e"u#e t+em-For t+! reaon *entra# ! a#3a% *arefu# 3+!t+er t+e *ommer*!a# .an, fo##o3!n&ma!nta!n!n& t+e *on"!t!on of *+e"u#!n&- It a#o et up ne3 ru#e an" po#!*!e for ot+er*ommer*!a# .an, to open ne3 .ran*+e- #un%tions as a %learing house. Inter .an, !n"e.te"ne ! ar!enfromoperat!on of "a%to"a%.an,!n&a*t!$!t!e-Somet!me !t .e*ome $er% "!ff!*u#t for *ommer*!a# .an, to ett#e !nter .an,!n"e.te"ne- For t+! reaon *entra# perform t+e fun*t!on a *#ear!n& +oue a## o$er t+e3or#"- San%tion o loan. ?entra# .an,&!$e#oanto*+e"u#e"*ommer*!a# .an,!f ne*ear%-=$en' 3+ent+e*ommer*!a# .an, are !n f!nan*!a# *r!! an" *annot *o##e*t #oan from ot+er our*e' t+en*entra# .an, a*t a #en"er of #at report- Su2er(ision o loan. ?entra# .an, not on#% an*t!on #oan .ut a#o mana&e +o3F3+en *+e"u#e"*ommer*!a# .an, are &rant!n& #oan an" !n "!fferent e*tor- Assistan%e in %olle%ting %redit.?entra# .an, e4ten" t+e +e#p!n& +an" to t+e *ommer*!a# .an, !n *o##e*t!n& #oan .%ena*t!n& ne3 ru#e an" re&u#at!on a.out #oan an" "efau#t #oan an" !t report pu.#!*at!on- Audit o a%%ounts. ?entra# .an, *arefu##% *+e*, t+e .oo, of a**ount of *ommer*!a# .an, an" !t properma!ntenan*e-Aareu#t *ommer*!a# .an,are.oun"toma!nta!nproper#%.oo,ofa**ount- $olle%tion and 2reser(ation o de2osits. A## t+e*+e"u#e"*ommer*!a# .an, +a$etoma!nta!na*erta!nper*enta&eof t+e!r"epo!t !nto *entra# .an,- ?entra# .an, *arefu##% mon!tor a.out t+!- A%ts as ad(iser and agent. ?entra# .an, a"$!e an" "!re*t *ommer*!a# .an, for t+e .etterment of t+e!r operat!onof .an,!n& a*t!$!t!eHfun*t!on- Be!"e !t a*t a t+e a&ent of *+e"u#e" .an, !n +ome an"a.roa"-De(elo2ment #un%tion(+e o./e*t!$e of *entra# .an, ! to enure e*onom!* "e$e#opment- A**or"!n& to t+e "!re*t!on ofGo$t- *entra# .an,un"erta,e"!fferent "e$e#opment a*t!$!t!ean"tr!eto!mp#ement- (+ee"e$e#opment a*t!$!t!e are a fo##o3: De(elo2ment o dierent 2rodu%tion oriented se%tors. ?entra# .an, +e#p to ar&ent e4tent !n t+e pro"u*t!on or!ente" e*tor #!,e t+e"e$e#opment of a&r!*u#ture an" !n"utr% et*- For t+! reaon !t e4ten" +e#p!n& +an" toeta.#!+ pe*!a#!)e" .an, #!,e a&r!*u#tura# .an,' !n"utr!a# .an,' !n$etment .an, et*- De(elo2ment o banking system. ?entra# .an, ! a#3a% en&a&e" !n t+e "e$e#opment of .an,!n& %tem a t+e #ea"er of.an,!n& emp!re- For t+! reaon' *entra# .an, et up "!fferent ru#e an" re&u#at!on 3+en.an,!n& !nt!tut!on are !n "an&er' *entra# e4ten" !t +e#p- De(elo2ment o oreign trade. ?entra# .an,un"erta,e"!fferent a*t!$!t!efort+e"e$e#opment offore!&ntra"e9!-e-!mport an" e4port:- ?entra# .an, tr!e to ta.!#!)e e4*+an&e rate of a *ountr%- It *reate*onf!"en*e amon& t+e fore!&n e4porter a.out *ountr%D .an,!n& %tem- Im2ro(ing the 4uality o e%onomi% 2lan. ?entra# .an, ! t+e top mot f!nan*!a# !nt!tut!on !n t+e *ountr% an" t+e .an,er of Go$t-So !t +e#p for t+e "e$e#opment of t+e Cua#!t% of e*onom!* p#an ta,en .% Go$t- Im2ro(ing the 4uality o man2o3er. ?entra#.an,tr!eto!mpro$et+eCua#!t%ofmanpo3er!nt+e.an,!n&e*tor-Fort+e"e$e#opment of !t o3n manpo3er!n!"e t+e.an,'t+e*entra#.an, arran&etra!n!n&fa*!#!t!e- It mot!$ate *+e"u#e" *ommer*!a# .an, to mana&e a"eCuate tra!n!n& fa*!#!t%for t+e "e$e#opment of Cua#!t% of t+e!r manpo3er- De(elo2ment o natural resour%es.?entra# .an, pro$!"e a!tan*e an" +e#p to e4tra*t natura# reour*e for ue of t+eereour*e to t+e en+an*ement of t+e e*onom!* 3e#fare of t+e peop#e- For t+! reaon !te4ten"f!nan*!a# +e#pa!tan*et+oe!nt!tut!onen&a&e"!ne4tra*t!n&t+eenatura#reour*e- Others #un%tionsIn a""!t!on to a.o$e fun*t!on' *entra# .an, a#o pro$!"e ome ot+er fun*t!on- (+ee are afo##o3: "%onomi% resear%h. ?entra# .an, +a to un"erta,e "!fferent =*onom!* reear*+ a*t!$!t!e for t+e "e$e#opmentof .an,!n& %tem effe*t!$e operat!on of mone% mar,et' formu#at!on of "!fferent po#!*% of&o$ernment et*- $olle%tion and su22ly o data.?entra# .an, +a to *o##e*t "!fferent "ata to a*t a t+e .an,er of t+e ot+er .an, an" t+e.an,er of &o$ernment- ?entra# .an, upp#%!nformat!on to $ar!ou "epartment of&o$ernment an" "!fferent *+e"u#e" .an,- Pre2aration o re2ort and 2ubli%ation.?entra# .an, ! to prepare man% report to meet t+e nee" of &o$ernment an" t+e .an,!te#f- Be!"e' *entra# .an, pu.#!+annua# report an"e## !t- (o"ot+! .an,+aeparate pu.#!*at!on an" *e## "epartment-MON"!AR+POLI$+ S!RA!"G+ O# !&" BANGLAD"S&BAN-Monetar% po#!*% trate&% of t+e Bana"e+ .an, 3a f!rt !ue" !n Ianuar% 200;- (+e mot!mportant t+!n, of monetar% po#!*% ! fo##o3e": A%hie(ing 2ri%e stability.(+e *entra# .an, of a *ountr% *ontro# t+e mone% upp#%' a$a!#a.!#!t% of mone%' *ot ofmone% or rate of !nteret rate !n or"er to et of o./e*t!$e or!ente" to3ar" t+e &ro3t+ an"ta.!#!t% of t+e e*onom%- Maintaining high le(els o 2rodu%tion.Bana"e+ ! foo" *rop *ountr%- In Bana"e+ man% peop#e "epen" on *u#t!$at!on of#an"- A a reu#t' Bana"e+ .an, ma!nta!n t+e +!&+ #e$e# of pro"u*t!on- For t+e +!&+#e$e# of pro"u*t!on man% t!me Bana"e+ .an, pro$!"e "!fferent t%pe of fa*!#!t!e tot+e farmer- "m2loyment and e%onomi% gro3th.Bana"e+ ! o$er popu#ate" *ountr%- A a reu#t' man% peop#e are !n un"erunemp#o%ment- For t+at reaon our e*onom!* &ro3t+ ! #o3- A a reu#t' our &o$ernmentannoun*e" t+e% 3!## tr% to pro$!"e /o. at #eat one peop#e !n a fam!#%- 2+en !n e$er%fam!#% &et t+e /o.' t+e e*onom!* &ro3t+ 3!## a#o !n*reae "a% .% "a%-MON"+ S*PPL+ $ON!ROL POLI$+ O# BANGLAD"S& BAN-?+an&e !n t+e mone% upp#% *an +a$e a ma/or !mpa*t on e*onom!* *on"!t!on- F!nan*!a# mar,etpart!*!pant *#oe#%mon!tor Bana"e+Ban,Da*t!on ot+at t+e%*anant!*!pate+o3t+emone% upp#% 3!## .e affe*te"- (+e% t+en ue t+! !nformat!on to fore*at e*onom!* *on"!t!onan" e*ur!t!e pr!*e- O2en Market O2erationBan, *omm!ttee meet e!&+t t!me a %ear- At ea*+ meet!n&' t+e tar&et mone% upp#% &ro3t+ #e$e#an" !nteret #e$e# are "eterm!ne" an" a*t!on are ta,en to !mp#ement t+e monetar% po#!*%-Pre meeting e%onomi% re2ortA.out t3o3ee, .efore meet!n&' *omm!ttee mem.er are ent t+e Be!&e Boo,3+!*+!*ono#!"ate" report of re&!ona# e*onom!* *on"!t!on- "%onomi% Presentation(+e meet!n& ! *on"u*te" an" !tD atten"e" .% t+e e$en mem.er of t+e .oar" of Go$ernor- (+emeet!n& .e&!n 3!t+ preentat!on .% t+e taff mem.er a.out *urrent e*onom!* *on"!t!on an"re*ent e*onom!* tren"- $ommittee De%isionAfter preentat!on' mem.er +a$e a *+an*e to offer re*ommen"at!on- Role o the !rading DeskIf Bana"e+ Ban, "eterm!ne t+at a *+an*e !n !t monetar% po#!*% ! appropr!ate' !t "e*!!on !for3ar"e" to t+e (ra"!n& De,1 9or t+e 7pen Mar,et De,:-After re*e!$!n& t+e po#!*% from t+eBana"e+ Ban,' t+e mana&er of t+e (ra"!n& De, !ntru*t tra"er 3+o 3or, at t+e "e, on t+eamount of (reaur% e*ur!t!e to .u% or e## !n t+e e*on"ar% mar,et .ae" on t+e "!re*t!$e- (+e .u%!n& an" e##!n& of Go$ernment e*ur!t!e 9(+rou&+ (ra"!n& De,: ! referre" to a openmar,et operat!on-Bangladesh Bank Pur%hase o Se%urities2+en tra"er at t+e (ra"!n& De, at t+e Bana"e+ Ban, are !ntru*te" to pur*+ae a pe*!f!e""o##ar amount of e*ur!t!e' t+e *a## &o$t- e*ur!t!e "ea#er- (+e"ea#er pro$!"e a#!t ofe*ur!t!e for a#e t+at &!$e t+e "enom!nat!on an" matur!t% of ea*+ e*ur!t% a 3e## a t+e "ea#erDa, Cuote 9t+e pr!*e at 3+!*+ t+e "ea#er ! 3!##!n& to e## t+e e*ur!t%: an" pur*+ae an" mone%upp#% 3!## !n*reae !n t+e mar,et-Bangladesh Bank Sale o Se%urities2+en tra"er at t+e (ra"!n& De, at t+e Bana"e+ Ban, are !ntru*te" to e## a pe*!f!e" "o##aramountofe*ur!t!e' t+e%a&a!n*a##&o$t- e*ur!t%"ea#eran"e##t+ee*ur!t!ean"mone%upp#% 3!## .e "e*reae" !n t+e mar,et-Re2ur%hase agreementIn ome *ae' .an, "e!re to !n*reae t+e a&&re&ate #e$e# of .an, fun" on#% for a fe3 "a% toenure a"eCuate #!Cu!"!t% !n t+e .an,!n& %tem on t+oe "a%- Un"er t+! *on"!t!on' (ra"!n&De, ma% tra"e Re2ur%hase agreement. R"G*LA!IONSA a *entra# .an, of t+e *ountr!e t+ere are ome #a3 to re&u#ate t+e f!nan*!a# mar,et a 3e## amone% mar,et- (+e% are ome #a3 to re&u#ate t+! #!,e mone% #aun"er!n& a*t' .an,!n& a*t' an"!nuran*ea*tet*-(+!!t+e*entra# .an,3eapontomon!tort+ef!nan*!a# !nt!tut!on-Aa*entra# .an, t+e%re&u#ate t+e "a!#%a*t!$ate of t+e *ommer*!a# .an,- A 3e## a 3+en*ommer*!a#.an,!ntrou.#eBana"e+.an,&!$et+emu&&et!ona#o- Ift+e%"oan%t+!n&!##e&a# t+ant+e%ta,ene*ear%a*t!ona&a!nt !t- (+e.et e4amp#eofta,!n&a*t!ona&a!nt*ommer*!a# .an, ! or!enta# .an, 3+!*+ ! no3 ,no3n a I?B I#am!* .an,-Bana"e+ .an, +a fo##o3e" ome !nterna# a*t a#o for t+e!r emp#o%ee a#o- (+e ru#e are t+!: Bana"e+ Ban, 7r"er- Ban, ?ompan% A*t' 1991- Mone% @aun"er!n& 6re$ent!on A*t- Fore!&n =4*+an&e Re&u#at!on A*t- M!*ro ?re"!t Re&u#at!on A*t- F!nan*!a# Int!tut!on A*t- (+e Ne&ot!a.#e Intrument A*t- (+e Ban,erD Bo, =$!"en*e A*t- Mone% @oan ?ourt A*t- Ban, Depo!t Inuran*e A*t- Ant!-term!m A*t-$ON$L*SIONIn or"er up+o#" t+e m!!on' Bana"e+ .an, a!m 3ou#" .e pro$!"e t+e reCu!re" #ea"er+!p .%"!*+ar&!n& !t "ut!e !n a manner t+at +o3 a *#ear $!!on' !tD 3at*+fu#' far-!&+te"' !nte##!&entan" repon!$e .ae" on an effe*t!$e an" eff!*!ent *ommun!*at!on trate&%- At a## t!meBana"e+ .an, a!m 3ou#" .e to rema!n *omm!tte"' eff!*!ent' *apa.#e' #o&!t!*a##% upporte"'pee"%' fo*ue"' an" a&&re!$e 3+ere ne*ear% !n or"er to enure t+at t+e Bana"e+ .an,a#3a% rema!n a *re"!.#e an" pret!&!ou !nt!tut!on 3!t+ an eff!*!ent or&an!)at!ona# tru*ture*omm!tte" to a*+!e$!n& !t &oa#- An" a#o Bana"e+ Ban, tr!e to !mpoe omet+!n& ne3 fort+epeop#eof our *ountr%- (+eBana"e+Ban,a#3a% rema!n are#!a.#ean"!mportant!nt!tut!on 3!t+ an eff!*!ent or&an!)at!ona# tru*ture *omm!tte" to a*+!e$!n& !t &oa#- InBana"e+ Ban, reer$e ! no3 *ro to 10 .!##!on US "o##ar for t+e tron& monetar% po#!*%-In t+! report 3e tr!e" to fo*u on t+e fun*t!on of Bana"e+ Ban,- Bana"e+ Ban, *an an!mportant ro#e !n oneD or&an!)at!on- Bana"e+ .an, a#3a% tr!e to !mpoe omet+!n& ne3 fort+e peop#e of t+e *ountr%-