Dhaka, July 15 -- Policymakers bill it as a major monetary-policy change as the central bank cuts the standing deposit facility (SDF) rate by 50 basis points to 8.0 per cent trying to revitalize the sagging call-money market.
Monetary policy department (MPD) of the Bangladesh Bank (BB) issued Tuesday a circular on the latest change in the SDF with effect from July 16, 2025. Currently, the interest rate on SDF is 8.50 per cent.
Bangladesh Bank Executive Director Dr Md Ezazul Islam said the central bank made the decision to discourage growing use of SDF instruments by the commercial banks having surplus funds and make the call-money market more vibrant,
However, the policy rate and SLF or standing liquidity facility remain unchanged at 1...
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