Bangladesh Bank (BB) has extended a legal exemption allowing defaulter Shinepukur Ceramics Ltd to continue opening letters of credit (LCs) for importing raw materials, aiming to keep the company's production running and protect jobs

Bangladesh will clear all overdue payments relating to letters of credit (LCs) within the next five to six months, Bangladesh Bank (BB) Governor Ahsan H Mansur assured correspondent banks yesterday.

A new digital platform rolled out by the Bangladesh Bank has opened a new horizon for local businesses to do trade with foreign currencies on a real-time basis.