Bangladesh Bank withdraws BDT83.71bn from market

Last updated: May 27, 2015

Dhaka, Bangladesh (BBN)-The Bangladesh Bank (BB) withdrew BDT 83.71 billion through reverse REPO auction on Wednesday to keep the country’s money market stable, officials said.
Sixteen bids of one-day tenor amounting total of BDT 83.71 billion were received and all the bids were accepted.
The rate of interest of reverse repo was 5.25 percent.

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram