Dhaka, Feb. 10 -- The Bangladesh Bank on Monday unveiled another tight monetary policy for the second half of the current fiscal, in the Monetary Policy Statement (MPS) for the remaining period of the current 2024-25 fiscal.

Given the global and domestic realities, BB remains committed to a tight monetary policy stance for the second half of FY25.

BB's new monetary policy aims to bring inflation down to 7-8% by June

The central bank has focused monetary policy on combating inflation and set a target to down it to 7-8 percent by June. The inflation may decline by 5 percent in the next fiscal year, said Dr. Ahsan H. Mansur, Governor of Bangladesh Bank.

He said this while speaking at a press conference on Monday when the MPS was unveiled...