Monetary policy announced, interest rate unchanged 

The central bank has announced a new monetary policy for the period from January to June of the current fiscal year.

In the monetary policy, private credit growth and the interest rate policy have been kept unchanged at 10 percent.

Bangladesh Bank Dr. Ahsan H. Mansur announced the new monetary policy at a press conference held at the Jahangir Alam Conference Hall on Monday (February 10). 

Deputy governors, head of the Bangladesh Financial Intelligence Unit (BFIU), Executive Director of the Research Department, Spokesperson of Bangladesh Bank and other officials were present at the time.

The BB governor said with BB’s firm policy stance and close collaboration with key stakeholders, inflation is expected to decline further in the near future and the target range of 7-8 percent is achievable.

He expected that inflation will come down to 5 percent by next fiscal 2025-26 (FY26).

According to the Bangladesh Bureau of Statistics (BBS), the general point-to-point inflation rate in the country slightly eased in January last as it reached 9.94 percent down from 10.89 percent in December, 2024.

 At a presentation, Deputy Governor of the central bank Dr Md Habibur Rahman said in light of the recent inflation results, the central bank has decided to maintain the policy rate unchanged at 10.0 percent. 

“The Standing Lending Facility (SLF) rate will remain at 11.5 percent, while the Standing Deposit Facility (SDF) rate will stay at 8.5 percent, establishing a policy rate corridor of ± 150 basis points,” he added.