Monetary Policy for Jan-Jun
BB to adopt crawling peg to curb exchange rate volatility
The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor
Private sector credit growth target lowered to 10% from 11%
Bangladesh Bank also raised the benchmark policy rate by 25 basis points to 8 percent
January 17, 2024
BB to adopt crawling peg to curb exchange rate volatility
The peg system would be linked to a carefully selected basket of currencies and operate within a predefined exchange rate corridor
January 17, 2024
Private sector credit growth target lowered to 10% from 11%
Bangladesh Bank also raised the benchmark policy rate by 25 basis points to 8 percent
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