The question remains whether this policy can rescue the economy from the doldrums and place it firmly on the path of vibrancy.
BB said the 10 percent policy rate would remain in place for the July-December period
The continuation of a tight monetary policy by keeping the policy rate unchanged at 10 percent could lead to higher production costs, public-private dialogue platform Business Initiative Leading Development (BUILD) said yesterday.
The Bangladesh Bank (BB) has maintained its tight monetary policy stance for the second half of the current fiscal year (FY) 2024-25 to tame the stubbornly high inflation.
Despite various monetary and fiscal tightening measures, inflation has remained persistently high, staying above 10 percent
The central bank said it would keep its key policy rate unchanged at 10 percent for the January-June period of 2025
