Bangladesh
zettawire
EconomyBangladesh
Bangladesh's central bank cuts repo rate by 50 bps to 9.5%, its first easing in six years after holding at a record 10% since October 2024.Bangladesh's central bank cut its benchmark repo rate by 50 basis points to 9.5% on Sunday, its first reduction in six years. The last policy rate cut was in July 2020 during the COVID-19 pandemic. The revised rate took effect immediately, according to Bangladesh Bank.