Regulatory Alerts2010-08-19
Added · Updated
Re-fixation of Repo and reverse Repo interest rates
The Repo rate is set at 5.5 percent and the reverse Repo rate at 3.5 percent, replacing the previous rates of 4.5 percent and 2.5 percent respectively. This instruction applies to all scheduled banks and financial institutions in Bangladesh. The new rates come into force from August 19, 2010.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No- 03 Date: 19/08/2010 04/05/1417 Managing Directors/ Chief Executives All Scheduled Banks and Financial Institutions in Bangladesh Dear Sir, Re-fixation of Repo and reverse Repo interest rates of Bangladesh Bank The existing Repo and reverse Repo rate of interest of Bangladesh Bank have been re-fixed at 5.5 and 3.5 percent respectively instead of previous 4.5 and 2.5 percent. This instruction shall come into force from August 19, 2010. Sincerely yours,
Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
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