Abdur Rauf Talukder, the new governor of Bangladesh Bank (BB), has set three priorities for the domestic economy.

"The main task of Bangladesh Bank is to control inflation, second is to control the exchange rate and the third is to increase the foreign exchange reserves," the new governor told reporters.

Abdur Rauf Talukder spoke about the three priorities after a meeting with the central bank officials on Tuesday, his first day in office.

He wants to stem the rise of commodity prices, keep the value of currency (Taka) against the dollar, as well as increase foreign exchange reserves.

He takes charge at a time when the world economy is under pressure. Uncertainty is running high in the country due to rising commodity prices and fuel prices. Bangladesh is no exceptio, he said.