BB continues tight monetary policy for H1 of FY26, keeping policy rate unchanged
The central bank governor says they aim to bring down inflation between 3% and 5% but it will take some time.
File photo of Bangladesh Bank. Photo: TBS
Bangladesh Bank has unveiled its Monetary Policy Statement (MPS) for the first half (July-December) of FY2025-26, keeping the policy rate unchanged at 10% with the aim to continue a tight policy stance to contain inflation.
Governor Ahsan H Mansur unveiled the new MPS at a press conference at the central bank's headquarters in Dhaka's Motijheel today (31 July).
The bank also announced that the intervening forex market will continue to curb the volatility of the exchange rate and rebuild reserves.
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It also aims to maintain a tight monetary policy until inflation comes below 7%.
The governor said they aim to bring down inflation between 3% and 5% but it will take some time. "That's why we are continuing our contractionary stance."
