Ashfa Mehjabin

Bangladesh's Central Bank published regulations allowing local firms to expand abroad.Bangladesh Bank has now given them permission to invest $ 59.9 million in international markets.Companies can now spend up to 20% of their average exports over the last five years, or 25% of their net asset value based on the most recent audit reports, whichever is lower, in international markets.Exporters must maintain a sufficient balance in their export retention quota accounts, which allow them to preserve a percentage of their export revenues in foreign currency.