2010-05-04

Added · Updated

MPD Circular No. 01: Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank

The Cash Reserve Requirement (CRR) maintained by all scheduled banks operating in Bangladesh with Bangladesh Bank is raised from 5.00 percent to 5.50 percent on a bi-weekly average basis, with a minimum daily requirement of 5.00 percent. This change is effective from May 15, 2010, pursuant to Section 36(1) of the Bangladesh Bank Order, 1972.

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