Global Trade Alert
Global Trade Alert

Bangladesh: Cash margin requirement relaxed for imports of engine oil/lubricants

Announcement

22 Dec 2022

The Bangladesh Bank has relaxed a cash margin requirement on imports of engine or lubricants.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

22 Dec 2022

Revocation date:

No revocation date

Trade payment measure In force

On 22 December 2022, the Bangladesh Bank through BRPD Circular Letter No. 54 relaxed the cash margin requirement for opening letters of credit for imports of engine oil or lubricants. Further, the req...

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