USD exchange rate

BB to keep policy rates unchanged as panel suggests shift from crawling peg

A high-powered panel of the Bangladesh Bank (BB) decided to maintain the policy rate at 10 percent until the inflation comes down to a desired level and also spoke about moving away from the crawling peg and letting market forces determine the US dollar exchange rate.

December 10, 2024
December 10, 2024

BB to keep policy rates unchanged as panel suggests shift from crawling peg

A high-powered panel of the Bangladesh Bank (BB) decided to maintain the policy rate at 10 percent until the inflation comes down to a desired level and also spoke about moving away from the crawling peg and letting market forces determine the US dollar exchange rate.