Announcement
11 May 2022
Bangladesh has increased the cash margin requirement for opening letters of credit to import non-essential goods.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
11 May 2022
Revocation date:
03 Jul 2022
Updated: 11 May 2022
Trade payment measure
On 11 May 2022, the Bangladesh Bank imposed a 75% cash margin requirement for opening letters of credit to import high-end motor vehicles, and electrical and electronic products that are used ...
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Updated: 11 May 2022
Trade payment measure
On 11 May 2022, the Bangladesh Bank increased the minimum cash margin requirement for opening letters of credit to import non-essential goods from 25% to 50%.
The cash margin requirement wa...
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