BB relaxes foreign exchange rules against inland transactions
It has been decided that Authorized Dealers (ADs) may continue settlement of payments through their nostro accounts against the eligible inland foreign exchange transactions
File Photo of Bangladesh Bank : Salahuddin Ahmed/TBS
Bangladesh Bank (BB) has relaxed the foreign exchange regulations against the admissible inland transactions through their nostro accounts, with validity up to June 30, 2021.
"Given the ongoing situation, it has been decided that Authorized Dealers (ADs) may continue settlement of payments through their nostro accounts against the eligible inland foreign exchange transactions," as per a BB circular issued today.
As usual, ADs shall maintain suitable arrangements with their correspondents abroad for the payment settlements at minimum charges, the circular added.
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