Bangladesh Bank widens currency-trading scope for offshore banking units
অফশোর ব্যাংকিং ইউনিটের বৈদেশিক মুদ্রা লেনদেনের পরিধি বাড়াল বাংলাদেশ ব্যাংক
OBUs may now buy, sell and swap foreign currencies with other banks and eligible entities for trade and business purposes.
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- Bangladesh Bank has expanded the scope of foreign-currency transactions for offshore banking units (OBUs), The Daily Star reports.
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OBUs can now buy, sell and swap foreign currencies with other banks and eligible entities. The Daily Star
reporting The Daily Star — Offshore banking units get more freedom in currency trading read the original ↗ (thedailystar.net) - The permission covers transactions for trade and business purposes.
Bangladesh Bank has expanded the scope of foreign-currency transactions that offshore banking units (OBUs) may carry out, The Daily Star reports. Under the change, OBUs are allowed to buy, sell and swap foreign currencies with other banks and eligible entities for trade and business purposes.
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