The Bangladesh Bank today hiked the repo rate further by 50 basis points to 10 per cent to control inflation.
The new rate will be effective from October 27.
This is the eleventh hike since May 2022.
Less than a month before, the central bank had raised the repo rate to 9.5 per cent from 9 per cent earlier.
The annualised rate of inflation rose to 9.97 per cent last month from 9.95 per cent.
The new rate will be effective from October 27.
This is the eleventh hike since May 2022.
Less than a month before, the central bank had raised the repo rate to 9.5 per cent from 9 per cent earlier.
The annualised rate of inflation rose to 9.97 per cent last month from 9.95 per cent.
