LC openings rise by 18% in first 2 months of FY27

Stagnation in the country’s import trade has begun to ease with positive growth in Letter of Credit (LC) openings. During the first two months (July and August) of the current FY27, the rate of LC openings increased by nearly 18% compared to the same period of the previous year, according to a recent Bangladesh Bank report. Additionally, LC settlements witnessed growth of over 10%,... Details