Dhaka, Jan. 7 -- Letter of Credit (LC) openings for essential commodities, industrial raw materials, and capital machinery have seen a significant rise as dollar supply increased with a stable exchange rate.
For the first five months (July-November) of FY 2025-26, the overall Letter of Credit (LC) opening for imports was around $29.69 billion, a modest 4.5 percent increase from the previous year.
LC openings for imports totaled approximately $29.69 billion, up slightly from $28.4 billion in the same period of FY25.
However, data shows a mixed trend in LC settlements, with some sectors experiencing a slowdown.
According to the latest report of Bangladesh Bank, LC openings for consumer goods rose by 10.64 percent during the first five m...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.