Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC have received approval from Bangladesh Bank to conduct bilateral trade with India using the rupee.
Bangladesh and India yesterday rolled out a landmark cross-border trade settlement mechanism involving the rupee and bypassing the US dollar.
Standard Chartered Bangladesh (SCB) and Islami Bank Bangladesh PLC have received approval from Bangladesh Bank to conduct bilateral trade with India using the rupee.
Bangladesh and India yesterday rolled out a landmark cross-border trade settlement mechanism involving the rupee and bypassing the US dollar.