Bangladesh c.bank conducts reverse repos at 6.5 pct

DHAKA, Nov 5 (Reuters) - Bangladesh's central bank said it drained 14.37 billion taka ($209 million) from the banking system on Wednesday through reverse repo operations at a 6.50 percent interest rate.

It accepted all the 12 bids it received for one-to-seven-day reverse repo auctions, the central bank said.

($1=68.65 taka)