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BSS-25
BB-REPO
BB cuts repo rate to 5.25pc
DHAKA, April 9, 2020 (BSS) – Bangladesh Bank (BB) has cut repo rate to 5.25
percent from 5.75 percent as part of efforts to boost liquidity amid COVID-19
pandemic.
The new rate will be effective from April 12, said a BB circular issued
today.
The central bank has taken the decision for ensuring liquidity in the money
market to implement the stimulus packages, announced by the government.
BSS/KUC/RY/1715 hrs