Author: MMP

Importance of reference rates you need to know

In the complex realm of finance, where countless transactions take place every second, the need for a standardized and reliable pricing mechanism is paramount. This is where reference rates come into play. In this comprehensive blog post, we will explore why reference rates are essential, their significance in financial markets, and the benefits they provide… Continue reading Importance of reference rates you need to know

SMART Reference Lending Rate in Bangladesh-Is it Really Smart?

Article by A.Y.M. Solaiman Reviwed by Mahbubur Rahman The “six-month moving average rate of treasury bills (SMART)” is a new monthly reference lending rate formula introduced by Bangladesh Bank on June 19, 2023, to be implemented in July 2023. It replaced the single-digit 6%-9% interest cap regime. The rate is fixed based on the weighted… Continue reading SMART Reference Lending Rate in Bangladesh-Is it Really Smart?

How to Budget for a Disability: Tips and Tricks.

To budget for a disability, identify necessary expenses and prioritize them accordingly. Allocate funds for unexpected costs and consider seeking financial assistance if needed. Living with a disability can come with financial challenges that require careful budgeting. From medical expenses and assistive technology to transportation and home modifications, it’s essential to identify necessary expenses and… Continue reading How to Budget for a Disability: Tips and Tricks.

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What is Money in Economics?

Money in economics is a store of value, a unit of account, a standard of deferred payment and a medium of exchange that we use to purchase goods and services without the need for cumbersome bartering. It is a fundamental concept in the field of economics and plays a crucial role in the functioning of… Continue reading What is Money in Economics?