Bangladesh Bank has introduced new regulations allowing offshore banking units (OBUs) to directly buy and sell foreign currency, as well as conduct currency swaps. These updated rules are designed to provide OBUs with greater flexibility in managing their foreign-currency funding, liquidity, and exchange-rate risks.
Economy
Bangladesh Bank permits OBUs to trade forex and conduct currency swaps
Bangladesh Bank has granted offshore banking units the authority to directly trade foreign currency and engage in currency swaps.
Source: TBS Bangladesh