Dhaka, Feb. 10 -- The Dhaka Chamber of Commerce & Industry (DCCI) has expressed concern over Bangladesh Bank's decision to maintain a contractionary monetary policy in H2 FY2024-25, keeping the policy rate at 10 per cent.

While aimed at curbing inflation, this rigid stance hampers private sector credit growth and economic expansion, the trade body said in a statement on Monday.

The private sector relies heavily on banks for investment, and high interest rate raise production cost, fueling inflation, it said.

Despite inflation easing to 9.94 per cent in January 2025 from 10.89 per cent in December 2024, it remains above the desired level, the chamber said in the statement.

Moreover, DCCI has also expressed concern about the decision to...