BSS
  31 Dec 2024, 19:07

BB relaxes foreign exchange limit for July uprising victims

DHAKA, Dec 31, 2024 (BSS) – The Bangladesh Bank (BB) has announced a relaxation in the foreign exchange release limit for those requiring medical treatment abroad due to injuries they suffered during the July uprising.

The Foreign Exchange Policy Department of the central bank issued a circular in this regard today.

In the circular, the central bank states, “The limit of $10,000 or equivalent shall stand relaxed on account of treatment abroad for persons injured in the Students-People’s uprising-July 2024 Revolution.”

In this context, ADs (Authorised Dealers) may release foreign exchange based on estimation.

In addition to the banking channel, international card channels may be used for the transactions, it added.

The circular stressed that all other existing regulations and instructions regarding foreign exchange transactions will remain unchanged.