BoE holds rate at 16-yr high, signals looming cut
The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession.聽
Tags : interest rate
BB to open interest rate to market fully
The Bangladesh Bank is likely to abandon its SMART rate policy of determining lending rate and shift to market-based approach as per an International Monetary Fund鈥檚 proposal...
Russia holds rates after Putin urges caution
Russia鈥檚 central bank on Friday held interest rates unchanged after President Vladimir Putin cautioned against cutting borrowing costs prematurely...
Bank interest rate spread crosses 5pc after 9 years
The weighted average interest rate spread in Bangladesh鈥檚 banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates...
Deposits in commercial banks rise in Feb
Deposits in commercial banks increased by 10.43 per cent year-on-year in February, primarily due to a rise in the banks鈥� interest rates....
UK inflation slows less than expected
Britain鈥檚 annual inflation rate fell less than expected last month, according to official data Wednesday that could cloud the outlook for interest rate cuts and cause more pain for the government...
BB resets interest rate on pre-finance facility under SREUP
The Bangladesh Bank has reset the interest rate on the pre-finance facility under the support safety retrofits and environmental upgrades programme...
Impact of currency swap
In聽January 2024, the Bangladesh Bank issued the monetary policy for the second half of the 2023鈥�24 financial year. In it, the central bank aims to adopt a crawling peg to curb exchange rate volatility, raise the policy interest rate...