BB restricts foreign trips of pvt bank, NBFI employees
BI Report || BusinessInsider
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The Bangladesh Bank (BB) has imposed restrictions on foreign trips of employees of all banks and non-bank financial institutions.
The central bank issued a circular in this regard on Sunday.
The ban was imposed on foreign travel for the purposes of participating in all kinds of training, seminars and workshops at the expense of their employers, the circular said.
The decision was taken to reduce pressure on foreign reserves in the country and the increasing exchange rate of the US dollar.
On May 16, Bangladesh banned all public officials of government, semi-government, and autonomous organisations from travelling abroad.
On May 18, the Bangladesh Bank restricted foreign travel for its officers and employees.
