BB to announce monetary policy on Feb 10

NN Online:

The Bangladesh Bank (BB) is set to announce a new monetary policy on February 10 for the remaining period of the current FY 2024-25.

The date of the central bank board meeting is fixed on February 9, and the next day (Feb 10) will be announced the monetary policy, said a senior official of the monetary policy department, reports UNB.

The official said the monetary policy statement (MPS) is being formulated for the second half of the current fiscal year, maintaining a “contradictory” nature and prioritising combating inflation.

The central bank is holding meetings with internal and external stakeholders and economists to formulate monetary policy to boost the economy.