2023-09-24

Added

FEPD Circular No. 16: Forward sale and purchase in foreign exchange

Authorized Dealers in Foreign Exchange in Bangladesh may apply a forward premium not exceeding SMART plus 5 percent per annum with declared spot rates for forward dealings with customers and relevant counterparties. This directive applies to forward sales and purchases in foreign exchange executed against the bonafide need of customers and relevant counterparties. Other instructions regarding forward transactions remain unchanged.

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