BB rises policy rate to 7.25%
Bangladesh Bank has raised the policy rate by 75 basis points to 7.25 percent as part of an aim to tame the skyrocketing inflation.
The new policy rate or repurchase agreement (repo) rate will take effect tomorrow, a senior official of the central bank said.
The monetary policy committee of the Bangladesh Bank took the decision in an emergency meeting presided over by Governor Abdur Rouf Talukder.
In June this year, the banking regulator had earlier raised the policy rate by 50 basis points to 6.50 percent.

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