Dhaka, May 24 -- Bangladesh ramps up belt-tightening measures to save its foreign-exchange reserves with two more fiscal interventions like increase in regulatory duty on over 200 import items and relaxing remittance rules.

Officials say the government's revenue board has decided to slap additional regulatory taxes to discourage import of this large slew of commodities.

The customs wing of the National Board of Revenue (NBR) makes the move attuned to government austerity measures aimed at keeping country's foreign-exchange reserves stable -- evidently in the wake of a global financial and commodity-supply-chain crises as well as continuing depreciation of the local currency against the US dollar.

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