Bangladesh Bank keeps policy rate unchanged to tackle inflation
The Bangladesh Bank today said it would keep its policy rate unchanged at 10 per cent between January and June this year to further reduce inflation, which averaged at 10.34 per cent over the past 12 months. Its latest monetary policy targets an inflation rate of 7-8 per cent and sets GDP growth at 4-5 per cent. Inflation, which crossed 11 per cent in July 2024, fell to 9.94 per cent last month.
The Bangladesh Bank today said it would keep its policy rate unchanged at 10 per cent between January and June this year to further reduce inflation, which averaged at 10.34 per cent over the past 12 months.
Its latest monetary policy targets an inflation rate of 7-8 per cent and sets GDP growth at 4-5 per cent.
Inflation, which crossed 11 per cent in July 2024, fell to 9.94 per cent last month.
