BB to rationalise foreign currency regulations

Bangladesh Bank will take an initiative to rationalise the foreign currency rules, aiming to facilitate foreign investment, particularly in the 22 proposed economic zones.

The central bank took the decision after a meeting of its officials with those of Bangladesh Economic Zones Authority (BEZA). They also decided to simplify the procedures of trading and exchange of foreign currency to facilitate foreign investment.

The meeting, chaired by Bangladesh Bank Executive Director Ahsan Ullahj, was attended by BEZA Secretary Abdus Samad and other officials of the two organisations.