Dhaka, June 30 -- Bangladesh Bank has announced its monetary policy for the July-December period, keeping the policy rate at 10 percent as before as it aims to increase credit flow to the private sector in addition to controlling inflation.

Governor Mostaqur Rahman announced the policy for the first half of the new fiscal year at a press conference at the central bank on Tuesday.

Afterwards, Deputy Governor Habibur Rahman highlighted different targets in the policy.

In a power point presentation, he said Bangladesh Bank is maintaining its "contractionary trend".

Similarly, other interest rates such as the Standing Lending Facility (SLF) rate will remain at 11.5 percent, while the Standing Deposit Facility (SDF) stays at 7.5 percent. ...