Bangladesh Bank keeps policy rates unchanged

For the first half of FY25, BB will maintain a cautiously tight monetary policy stance, keeping the policy (Repo) rate at 8.50 percent, the SDF rate at 7 percent, and the SLF rate at 10 percent unchanged.

Read more

Private sector credit growth target lowered to 9.8%

Additionally, BB will continue quantitative tightening by streamlining Open Market Operations, ceasing currency swaps among banks and BB, and refraining from creating new money for government spending.

Read more

Exchange rate mid-rate to remain unchanged at 117 per USD

However, BB remains prepared to take necessary policy actions if required.