Bangladesh Bank eases LC cash margin for 8 products before Ramadan
These products become costlier because of high demand in the Islamic month of fasting
Source: bdnews24.com
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Rice, wheat import: Bangladesh Bank asks banks to keep minimum LC margin
Bangladesh Bank has instructed banks to keep a minimum LC margin (cash advance) for importing rice and wheat, in order to keep their market prices at a tolerable level. Banking regulation and policy d
Source: unb.com.bd
BB upgrades LC margin to toughen import of luxury products
BB upgrades LC margin to 100pc for import of luxury products
Source: daily-sun.com
Tyre imports fall on Bangladesh Bank curbs
Tyre importers in Bangladesh have been hit hard by the rise in the exchange rate and the doubling of the cash businesses require to pay in advance to open letters of credit to bring in the item.
Source: thedailystar.net