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Thursday, August 27, 2015, Bhadra 12, 1422 BS, Zilqad 11, 1436 Hijr

BB cuts rate for onion import
Observer Online Desk
Published :Thursday, 27 August, 2015,  Time : 10:59 PM  View Count : 0
Bangladesh Bank (BB) on Thursday cut the interest rate to 11.0 percent from the existing 12.0 percent on the bank loans for onion import.

The lower rate will remain effective till December 31, a BB circular said here.

Onion became dearer on the market due to supply shortfall and higher prices in the exporting countries, including in India.


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