Regulatory Alerts2020-09-17
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BRPD Circular Letter No. 46: L/C Margin for Onion Import
The Banking Regulation and Policy Department of Bangladesh Bank advises scheduled banks to maintain a minimum margin for letters of credit established for onion imports. This directive aims to ensure stable supply and prices in the local market following recent international price increases. The instruction is effective immediately and remains valid until December 31, 2020.
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