Regulatory Alerts2020-03-23
Added · Updated
MPD Circular No. 02: Re-fixation of Repo interest rate of Bangladesh Bank
The existing Repo interest rate is reduced by 25 basis points and re-fixed at 5.75 percent from 6.00 percent. This instruction applies to all scheduled banks in Bangladesh and becomes effective from March 24, 2020.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department Managing Directors/Chief Executives All scheduled banks in Bangladesh Re-fixation of Repo interest rate of Bangladesh Bank Dear Sir, The existing Repo interest rate of Bangladesh Bank has been reduced by 25 basis points and re-fixed at 5.75 percent from 6.00 percent. This instruction will be effective from March 24, 2020. MPD Circular No.-02 Date: March 23, 2020 Choitro 09, 1426 Sincerely yours, (Md. Julhas Uddin) General Manager Phone: 9530059
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