Report on Internship

Volume 10/2010

October, 2010

Major Economic Indicators: Monthly Update

Monetary Policy Department BANGLADESH BANK

Contents

Sl. No. Particulars Executive summary 1. 2. 3. 4. 5. 6. Monetary and credit developments Reserve money developments Liquidity position of scheduled banks Agricultural credit a) Industrial term loans b) Outstanding position of SME loans Public finance a) Government tax revenue collections b) Sale and repayment of NSD certificates c) Budget financing 7. 8. Capital market developments Imports a) Import payments, import L/C settlement and import LCs opened b) Sector-wise fresh opening, settlement and outstanding L/Cs c) Projected data on opening of import LCs and probable liabilities against BTB LCs of scheduled banks 9. Exports a) Annual and monthly trends in exports b) Category-wise break-down of exports 10. 11. 12. 13. 14. 15. 16. 17. Remittances Foreign exchange holdings abroad Balance of payments Foreign aid Industrial production Food situation CPI and inflation Financial sector prices Appendix 15 16 17 17 18 19 20 21 21 22-23 24-25 13 14 14 Page No. 2-3 4 5 6 7 8 8 9 10 11 12

1

Executive summary

1. Broad money recorded an increase of Tk.1351.90 crore or 0.37 percent in July, 2010 against the increase of Tk. 1595.60 crore or 0.54 percent in July, 2009. Of the components of broad money, currency outside banks rose by Tk. 959.30 crore or 2.08 percent and deposits increased by Tk. 392.60 crore or 0.12 percent; of which, time deposits increased by Tk. 3183.90 crore or 1.16 percent. However, demand deposits decreased by Tk.2791.30 crore or 6.67 percent .

Domestic credit recorded an increase of Tk.2758.10 crore or 0.81 percent in July 2010 against the increase of Tk. 1622.20 crore or 0.56 percent in July, 2009. The rise in domestic credit during the period under report was due to the rise of private sector credit by Tk. 3146.00 crore or 1.16 percent. In the component of credit to the public sector, credit to the Govt.(net)...