Import LC openings surge 22% in September

Import letter of credit (LC) openings increased by 22.37% year-on-year in September, driven by rising costs of fuel and raw materials.

Import LC openings surge 22% in September

The opening of import letters of credit (LCs) saw a year-on-year growth of 22.37% in September. According to data from TBS Bangladesh, the value of LCs opened rose from $6.62 billion in September of the previous year, primarily due to the increased costs of fuel and essential raw materials.

তথ্যসূত্র: TBS Bangladesh
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