Regulatory Alerts2025-11-03
Added
FEPD Circular No. 41: Foreign currency-Taka swap facility against exporters’ fund in foreign currency held in 30-day pool and retention quota accounts for meeting working capital needs
Authorized Dealers may enter foreign currency-Taka swap arrangements with exporters against balances held in 30-day pools and exporters’ retention quota accounts to facilitate short-term liquidity. The tenor of such swaps is limited to a maximum of 30 days for 30-day pools and must not exceed the expected utilization period for exporters’ retention quota balances. Taka funds obtained through these swaps must be used solely for bona fide working capital purposes related to export operations, and the transactions are not treated as loan or financing facilities.
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