BB fixes 9pc interest on import of 9 essentials
- Update Time : Tuesday, March 3, 2020
- 218 Time View
Bangladesh Bank (BB) has fixed maximum 9 percent interest on the import of nine essential commodities for keeping the prices of the commodities at tolerable level during the holy month of Ramadan.
The essential commodities are edible oil, chickpeas, lentil, dun peas, onion, spices, dates, fruits and sugar, according to a BB circular issued on .
The new interest rate will be effective from now on, the central bank added.
The central bank expected that the prices of all nine commodities will go down in the local markets before the month of Ramadan.
Mohammad H. Zaman, MD, FCCP, MBA, Chairman, Editorial Board
Mohammad H. Zaman, Editor
M. Abid Rahman, Executive Editor
A K Azad, Bangladesh Bureau Chief
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