Key data points
Last release
—
Observation period
Oct 27, 2024
Next release
—
Forecast
—
Highest
10.00% on Oct 27, 2024
Lowest
4.50% on Jul 31, 2010
About Bangladesh interest rate
In Bangladesh, interest rates decisions are taken by the Bangladesh Bank. The Bangladesh Bank controls two policy interest rates: the repo rate (repurchase rate), which it uses to inject money into the banking system, and the reverse repo rate.
Related indicators
Frequently Asked Questions
Bangladesh interest rate is 9.5% at the moment.
Last month Bangladesh interest rate was 9.5%, and the month before that it amounted to 9%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.