The Bangladesh Bank today raised the interest rate on the loans made from its Export Development Fund (EDF) by 50 per cent with a view to making borrowing costlier and thus saving foreign currencies.
Bangladesh Bank today raised its key interest rate, also known as the policy rate, by 50 basis points to 5.50 per cent, a move that would make funds costlier for banks.
The Bangladesh Bank today raised the interest rate on the loans made from its Export Development Fund (EDF) by 50 per cent with a view to making borrowing costlier and thus saving foreign currencies.
Bangladesh Bank today raised its key interest rate, also known as the policy rate, by 50 basis points to 5.50 per cent, a move that would make funds costlier for banks.