Dhaka, Tuesday, August 22, 2017

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Banks can open LC on zero margins for importing rice

DHAKA, June 19, 2017 (BSS) - Banks can open Letter of Credit (LC) on zero margins according to bank-client relations for importing rice as an essential commodity,

According to a circular of Bangladesh Bank, the central bank has instructed banks to ensure the supply of rice to market as the rice market has become unstable due to flood and continuous rainfall.