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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.

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