Bangladesh Bank Governor Ahsan H. Mansur said the recent spike in rice prices remains a mystery. Speaking at a stakeholder meeting in Rajshahi, he noted that although rice prices are unusually high, there’s no clear explanation. He suspects most paddy is still held by farmers and has launched a rural-level survey to investigate. The Governor also warned businesses not to manipulate the market and emphasized the need to understand where the rice is being stockpiled to manage pricing more effectively.
The Governor of Bangladesh Bank, Ahsan H. Mansur, has remarked that the reason behind the rising rice prices in the country is still a mystery to them. He said, “Perhaps rice prices shouldn’t have risen this much — or whether it should or shouldn’t isn’t the issue. The fact is, it has happened.”
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