Announcement
02 Jan 2025
In January 2025, Bangladesh Bank announced a reduction in the cash margin requirement for opening Letters of Credit (LCs) related to vehicle imports, effective from February 2025. This decision aims to support environmentally friendly vehicle imports.
Source
Sign in to access
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Feb 2025
Revocation date:
No revocation date
Updated: 02 Jan 2025
Trade payment measure
In force
On 2 January 2025, Bangladesh Bank through BRPD Circular Letter No. 1 reduced cash margin requirements for opening Letters of Credit (LCs) for importing vehicles, effective from 1 February 2025. Th...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.