This is as per media reports, which underlined both the trade bodies presented their arguments for and against settling local LCs in Taka.

Meanwhile, speaking to the media, Executive Director and Spokesperson of Bangladesh Bank, Md Mezbaul Haque reportedly said the central bank must look into whether the facility will conflict with other Bangladesh Bank circulars [rules], even as he underlined, “We have discussed the matter with business people,” and went on to reportedly assure after all evaluations, the central bank will again discuss the matter with traders to reach a decision in this regard.