Editing Bangladesh Bank: The Central Bank of Bangladesh (section)

== Key Functions of Bangladesh Bank ==

=== 1. Monetary Policy and Inflation Control ===

* Sets interest rates and credit policies to balance '''price stability and economic growth'''.
* Implements monetary tools such as repo rates and cash reserve ratios for banks.

=== 2. Currency Issuance ===

* Sole authority to issue '''Bangladeshi Taka (৳)''' banknotes and manage coin circulation.
* Works to enhance currency security features and reduce counterfeiting.

=== 3. Banking Regulation and Supervision ===

* Licenses and monitors commercial banks, microfinance institutions, and non-bank financial institutions.
* Ensures compliance with '''Basel standards''' and international banking practices.

=== 4. Foreign Exchange and Reserves Management ===

* Maintains foreign exchange reserves to ensure '''import stability''' and international payment obligations.
* Manages exchange rate policy, balancing the taka against major currencies.

=== 5. Development and Inclusive Finance ===

* Promotes '''financial inclusion''', especially in rural areas, through mobile banking and agent banking.
* Encourages '''SME financing, agricultural loans, and women entrepreneurship'''.

=== 6. Digital Banking and Fintech Promotion ===

* Oversees '''mobile financial services (MFS)''' like bKash, Nagad, and Rocket.
* Supports digital currency research and '''cashless economy initiatives'''.