The monetary policy department of the Bangladesh Bank recently lowered the repo rate by 50 basis points (bps) to 8 per cent.
The upper bound of the policy interest rate corridor, i.e, the standing lending facility, will remain unchanged at 11.5 per cent and the overnight repo policy rate will also remain unchanged at 10 per cent, a circular from the central bank said.
The upper bound of the policy interest rate corridor, i.e, the standing lending facility, will remain unchanged at 11.5 per cent and the overnight repo policy rate will also remain unchanged at 10 per cent, a circular from the central bank said.
