Regulatory Alerts2020-07-29
Added · Updated
MPD Circular No. 05: Re-fixation of Repo and Reverse Repo interest rates of Bangladesh Bank
Bangladesh Bank reduces the overnight repo rate from 5.25% to 4.75% and the reverse repo rate from 4.75% to 4.00% to lower funding costs and increase liquidity amid the novel coronavirus pandemic. These revised interest rates become effective on July 30, 2020. The directive applies to all scheduled banks and financial institutions operating in Bangladesh.
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