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Swasti Lankabangla Swasti Lankabangla

BB reduces repo rate to 5.75pc

| Updated: March 24, 2020 10:44:58

BB reduces repo rate to 5.75pc

Bangladesh Bank has decided to cut repo rate to 5.75 per cent from 6 per cent as part of efforts to boost liquidity amid a coronavirus pandemic.

According to bdnews24.com, the central bank announced the decision in a circular on Monday as fears of further spread of the outbreak mounted with six new cases.

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