The Bangladesh Bank governor Dr.
Salehuddin Ahmed has said that the financial service sector in Bangladesh has
low exposure or risk to banking and investment firms in the US and Europe. He
said therefore the financial sector would not suffer the consequences of the
global financial shock. However, he cautioned that a prolonged global downturn
could hit aid and trade.
Dr. Ahmed attended a roundtable on the Impact of Financial
Crisis in South Asia which was held on Oct 10 at the World Bank headquarters in
Washington DC on the sidelines of the WB-IMF annual meeting. He made the
comment after returning home.
Amir Khasru has the details.