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Posts tagged as “carry”

A new era dawns in trade with India from July 11

by AKM Zamir Uddin in The Daily Star, Jul 9, 2023Bangladesh is set to join a global effort that is seeking to cut over-dependence on the US dollar when it comes to settling foreign trades as the country commences to use the rupee to carry out bilateral transactions with India from July 11. The move may extend some respite to importers since they will be able to open letters of credits in the rupee to…