Covid-19 and the stock market of Bangladesh: Part 1

Our Managing Director, Mr. Md. Ashequr Rahman's article on the The Business Standard. This is Part 1 of the series.

During this pandemic, central banks from around the world, including ours, have taken massive steps to ensure liquidity in the money markets. With the stock market closed, I will argue, certain liquidity was taken off the table. This is the first part of a two-part series

In the beginning of January 2020, reports from China started coming out of a new virus infecting people at an alarming rate. Initially it was mostly touted as something similar to a new strain of influenza with very low mortality rates.

Fast forward to March 2020 and more than half the world has gone into an unprecedented lockdown. The general populous was forced to learn new terminologies such as social distancing, flatten the curve, pandemic, PPE, frontline workers etc.

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