Dr. Anisuzzaman Chowdhury is scheduled to visit DSE for an inspection

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Dr. Anisuzzaman Chowdhury is scheduled to visit DSE for an inspection

B Mirror Desk: Dr. Anisuzza Chowdhury the special assistant to Chief Advisor Dr. Muhammad Yunus, is scheduled to visit the Dhaka Stock Exchange (DSE) for an inspection.

This information has been confirmed by reliable sources.

He is expected to arrive at the DSE next Tuesday, May 6, where he will conduct two separate meetings: one with stakeholders and another with senior officials of the DSE.

Following these meetings, he will review various departments within the exchange. Given the current challenges facing the capital market, Dr. Chowdhury’s visit and discussions with relevant parties are deemed highly significant. Since the political transition on August 5 of last year, the interim government has implemented several initiatives that have led to notable improvements in various economic sectors.

The depletion of the country’s foreign exchange reserves has halted, and reserves are now on the rise. The exchange rate between the dollar and taka has stabilized, and there has been an increase in remittances and export revenues. The banking sector has regained some discipline, with the capital market being the only exception. Unfortunately, there are no signs of recovery in this sector, as price declines have become commonplace, and transaction volumes have plummeted. Investors affected by these conditions have protested multiple times, creating a challenging situation for the government, which is actively seeking solutions. In this context, Dr. Anisuzzaman Chowdhury’s meetings with stakeholders are a crucial step forward.

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