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
Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber
CPD Distinguished Fellow Mustafizur Rahman says
The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
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
Ahsan H Mansur says in a meeting with a delegation of the Dhaka Chamber
CPD Distinguished Fellow Mustafizur Rahman says
The exporters have already welcomed the central bank's move to devaluate the local currency, which they have long been waiting for.
