BB re-fixes CRR at 4pc

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DHAKA, April 9, 2020 (BSS) – Bangladesh Bank (BB) has re-fixed the Cash
Reserve Ratio (CRR) at 4 percent on bi-weekly average basis with a provision
of minimum 3.5 percent on daily basis effective from April 15, 2020.

“Now it has been decided to re-fix this CRR at 4 percent on bi-weekly
average basis with a provision of minimum 3.5 percent on daily basis
effective from April 15, 2020,” said a BB circular issued here today.

Earlier, the central bank fixed the CRR for all the scheduled banks in
Bangladesh, including Shariah-based banks, at 5 percent with Bangladesh Bank
on bi-weekly average basis with a provision of minimum 4.5 percent on daily
basis of their average total demand and time liabilities (ATDTL).