May 15, 2024, 10:21 pm


Staff Correspondent

Published:
2022-11-11 10:19:42 BdST

Money changers cannot hold more than $ 25,000


Money changers cannot stock more than 25 thousand US dollar or equivalent on end of business hour of a day.

The maximum stock of Bangladeshi taka must not exceed 5 million at any point of time, according to latest directive of foreign exchange policy department of Bangladesh Bank (BB) issued on Thursday.

“The maximum stock of cash foreign currency must not exceed twenty five thousand US dollar or equivalent at the close of each business day,” read the circular signed by FEPD Director Sarwar Hossain.

The money changer should deposit the cash foreign currency beyond this limit with business account of respective banks. The balance of that account must not exceed fifty thousand US dollar or equivalent at any point of time, according to the directive.

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