{"id":26404,"date":"2012-01-06T00:15:00","date_gmt":"2012-01-06T05:15:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/01\/06\/bangladesh-bank-lifts-repo-rate-50bps-to-7-75\/"},"modified":"2012-01-06T00:15:00","modified_gmt":"2012-01-06T05:15:00","slug":"bangladesh-bank-lifts-repo-rate-50bps-to-7-75","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/01\/06\/bangladesh-bank-lifts-repo-rate-50bps-to-7-75\/","title":{"rendered":"Bangladesh Bank Lifts Repo Rate 50bps to 7.75%"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.bangladesh-bank.org\">Central Bank of Bangladesh<\/a> increased its repurchase rate by 50 basis points to 7.75% from 7.25% previously; also lifting the reverse repo rate by the same margin to 5.75% from 5.25 percent. \u00a0The Bank also moved on Wednesday to repeal interest rate caps on bank loans, which is designed to add a further contractionary impulse to the monetary policy mix.\u00a0The Bank last raised the repo rate by 50 basis points around mid 2011. \u00a0Bangladesh reported inflation of 11.58% in November, and 11.42% in October 2011. \u00a0The economy of Bangladesh expanded by 5.83 percent in the year to June 2011. \u00a0Bangladesh&#39;s currency, the Bangladeshi Taka (BDT), last traded around 82 against the US dollar.<\/p>\n<div>\n<div><\/div>\n<div><a href=\"http:\/\/www.centralbanknews.info\">www.CentralBankNews.info<\/a><\/div>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-1872445956407632022?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Bangladesh increased its repurchase rate by 50 basis points to 7.75% from 7.25% previously; also lifting the reverse repo rate by the same margin to 5.75% from 5.25 percent. \u00a0The Bank also moved on Wednesday to repeal interest rate caps on bank loans, which is designed to add a further contractionary &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/01\/06\/bangladesh-bank-lifts-repo-rate-50bps-to-7-75\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bangladesh Bank Lifts Repo Rate 50bps to 7.75%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-26404","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=26404"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26404\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=26404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=26404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=26404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}