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Wednesday, November 2, 2011

Record oil import in the first quarter

Record oil import in Q1

The country's total payments import of more than 23% in the first quarter (Q1) of current fiscal year (FY), especially on more than 100 percent increase in the oil import bill grew, officials said.


"The total imports payment that Bill almost as fuel import the roof in the first quarter hit a significant growth marked," a senior official of Bangladesh Bank (BB) said the FE Saturday.


Letters of credit (LCs) against imports worth of 8.53 billion were settled according to period, the Central Bank Statistics July-September the value FY 12 compared with $6.92 billion over the corresponding period of the last financial year.


Separately-comparative table of the opening


and settlement during the import of L/C?s


July 2011 - September 2011


Source: thedailystar.net


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