Monetary Policy Jul-Dec 2024
Bangladesh Bank keeps policy rates unchanged
Kept repo rate at 8.5%, SDF rate at 7% and SLF rate at 10%
For the first half of FY25, BB will maintain a cautiously tight monetary policy stance, keeping the policy (Repo) rate at 8.50 percent, the SDF rate at 7 percent, and the SLF rate at 10 percent unchanged.
Additionally, BB will continue quantitative tightening by streamlining Open Market Operations, ceasing currency swaps among banks and BB, and refraining from creating new money for government spending.
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However, BB remains prepared to take necessary policy actions if required.
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