BB raises coal import dealing limit to $7,500

Posted by BankInfo on Wed, Oct 17 2012 07:16 am

Bangladesh Bank (BB) authority Tuesday raised transaction ceiling for importing coal worth up to $7,500 by relaxing the rules of foreign-exchange transactions to facilitate coal imports.

“The latest ceiling for coal import has been set at $ 7,500 (Tk 6.15 lakh), a circular of the Foreign Exchange Policy Department (FEPD) of the central bank Tuesday said. Earlier, the ceiling was $6,000 (Tk 4.92 lakh).

All authorised dealers of banks were directed to implement the latest circular immediately.

News: The Daily Sun/Bangladesh/17th-Oct-12

Posted in Banking, News

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