Regulatory Alerts2018-04-03
Added · Updated
MPD Circular No. 02: Re-fixation of Repo interest rate of Bangladesh Bank
The Repo interest rate is reduced by 75 basis points from 6.75 percent to 6.00 percent, while the Reverse Repo rate remains unchanged at 4.75 percent. This instruction applies to all scheduled banks in Bangladesh and comes into force from 15 April, 2018.
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 75 basis points and re-fixed at 6.00 percent from 6.75 percent while Reverse Repo rate will remain unchanged at 4.75 percent. This instruction shall come into force from 15 April, 2018. MPD Circular No.-02 Date: April 03, 2018 Choitro 20, 1424 Sincerely yours, (Md. Julhas Uddin) General Manager Phone: 9530059
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