BB increases repo rate to control inflation

BB increases repo rate to control inflation

Bangladesh Bank has raised the repo rate to 5.75 percent from 5.5 percent with a view to control inflation, reports UNB. Country’s central bank took the decision at the 56th meeting of the Monetary Policy Committee (MPC) held in Capital on Thursday. In the midst of rising inflation in the global market, Bangladesh is also witnessing the same. Hence, in order to embattle inflation, the...

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