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May 27, 2008

Bangladesh Allows Hedging Price Risk Of Commodities – AHN(News)

Filed under: Uncategorized — Tony Spann @ 7:33 pm

Dhaka, Bangladesh (AHN) – The central bank of Bangladesh on Tuesday allowed hedging the price risk of commodities to offset volatility cost of essentials, including petroleum products, in the global market, officials said. The official also said the central bank took the move against the backdrop of price volatility of some essential commodities in the global market to help importers reduce their risks in business. The central bank also allowed commodity options for buying or selling a product at a predetermined price within a specified period of time, they added. License AHN news for your website , business , digital signage network or publication. read more

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