Bangladesh Bank eases rules for converting export earnings

Bangladesh Textile Journal

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Bangladesh Bank eases rules for converting export earnings

BTJ Desk Report
04/11/202309
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Export-Import allows through counter-trade: BB

The Bangladesh Bank has granted permission for the encashment of export earnings at the current foreign currency exchange rate, even if there is a delay in the receipt of those earnings. This flexibility will remain in effect until December 31 of this year. Exporters had been advocating for the use of the prevailing market rate for the US dollar when converting their earnings.

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