Middle East tensions: Economists advise conserving reserves, not cut policy interest rates - News Summed Up

Middle East tensions: Economists advise conserving reserves, not cut policy interest rates


To counter the potential economic impact of the ongoing geopolitical tensions in the Middle East, eight top economists in the country have suggested conserving foreign exchange reserves, not cutting policy interest rates now, and controlling abnormal fluctuations in the dollar market. The economists said in the meeting that the full impact of the current tensions in the Middle East is not yet clear. The meeting also called for initiatives to reduce dependence on the Middle East and procure energy from alternative sources to address the risk of energy supply. Economists said that if the situation in the Middle East worsens, there may be disruptions in the movement of workers, which may affect the flow of remittances. The economists also proposed the formation of a special committee to regularly monitor the overall economic situation of the country.


Source: Dhaka Tribune March 07, 2026 17:58 UTC



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