Bangladesh RMG sector’s local value addition up 3.66%: Bangladesh Bank

Quarterly review report by Bangladesh Bank underlined Russia-Ukraine conflict, currency depreciation, weak global demand, and high global inflationary pressure have slightly impacted exports.
The RMG sector experienced a 7.46 per cent decline in export earnings, alongside a 17.93 per cent reduction in the cost of raw material imports, as per the central bank.

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