Sunday

Bangladesh central bank takes repos, reverse repos

Bangladesh’s central bank said it injected 21.976 billion taka ($319 million) into the banking system through repo operations on Sunday, at an 8.75 percent interest rate.

It also accepted 3.88 billion taka ($56 million) for liquidity support facility for its primary dealers at the same rate.

On the same day, it also drained 2.25 billion taka ($33 million) from the banking system through reverse repo auctions, at 6.75 percent.

($1=68.90 taka)