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Bangladesh Bank allows banks to offer current dollar rate to exporters

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In its effort to arrest the fall in foreign exchange reserves and bring unrealised export proceeds into the country, Bangladesh’s central bank, Bangladesh Bank has allowed bankers to offer the existing US dollar exchange rate to the exporters.
This move comes almost two weeks after the central bank introduced crawling peg exchange rate system.In its effort to arrest the fall in foreign exchange reserves and bring unrealised export proceeds into the country, Bangladesh’s central bank, Bangladesh Bank has allowed bankers to offer the existing US dollar exchange rate to the exporters.
This move comes almost two weeks after the central bank introduced crawling peg exchange rate system.