Bangladesh Bank withdraws BDT39.06bn from market

Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 39.06 billion through reverse repo auction on Thursday to keep the country’s money market stable, officials said.
Nine bids of three-day tenor amounting total of BDT 39.06 billion were received and all the bids were accepted.
The rate of interest of reverse repo was 5.25 percent.

No Subscription? You Are Missing Out!

Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!

Your Name (optional)

Your Email (Required) *

Subscribe

Please check your email and confirm your subscription