Bangladesh proposes currency swap to ease Maldives remittances
Bangladesh Bank has proposed three mechanisms to make remittances from the Maldives safer, cheaper, and easier for more than 100,000 Bangladeshi workers there. In an Oct. 8 letter to Maldives Monetary Authority governor Ahmed Munawar, Bangladesh Bank governor Md Mostaqur Rahman proposed accepting Maldivian rufiyaa through the Asian Clearing Union (ACU), enabling travel payments in […]
