What is the role of Bangladesh Bank in the economy?
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Bangladesh Bank is the central bank of Bangladesh. It formulates monetary policy, regulates and supervises banks and financial institutions, manages foreign exchange reserves, issues currency, and oversees the payment system. Bangladesh Bank sets policy interest rates, manages inflation targets, and implements financial inclusion programs. It also conducts economic research and publishes reports on banking sector health, inflation, and GDP growth. The central bank plays a critical role in maintaining financial stability.