Thursday, 26 Dec, 2024

National

Bangladesh Bank hikes policy rate to 9.5%

News Desk | banglanews24.com
Update: 2024-09-24 16:49:33
Bangladesh Bank hikes policy rate to 9.5%

The central bank hiked its repo rate by 50 basis points to 9.50% on Tuesday, marking the fourth hike in its policy rate this year in a bid to tame inflation.

A Bangladesh Bank (BB) circular said the new rate would be effective from Wednesday.

BDST: 1649 HRS, SEP 24, 2024
MSK

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.