The Financial Strategy Board of the Bangladesh Bank (BB) took the choice in its 56th gathering held Thursday in the capital Dhaka. The new rate will happen October 2, Xinhua news organization revealed, refering to a round gave by the BB.
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The bank prior in June expanded its arrangement rate (the repo rate) by 50 bps to 5.50 percent from 5.00 percent to manage the interest side tensions while guaranteeing the expected progression of assets to the need and creation areas to advance stock side exercises.
On May 29, the bank raised the key loan cost by 25 bps to 5 percent, the main expansion in 10 years.
