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The Bangladesh Bank (BB) has maintained its tight monetary policy stance for the second half of the current fiscal year (FY) 2024-25 to tame the stubbornly high inflation.

It noted that the private sector relies heavily on banks for investment, and high interest rate raise production cost, fueling inflation ...

While aimed at curbing inflation, this rigid stance hampers private sector credit growth and economic expansion, the leading ...

Bangladesh Bank on Monday announced that the policy rate, also known as the repo rate, has been kept at 10%, indicating no ...

Bangladesh's gross domestic product, or GDP, grew by 4.22 percent in the tumultuous 2023-24 fiscal year, marking the lowest ...

The Bangladesh Bank is expected to continue its contractionary monetary policy for the second half of the current fiscal year while maintaining the policy rate unchanged at 10%, as the rising ...