Bangladesh Bank has increased the number of ICT sector exporters' recession quota (ERQ) facility.
From now on, the sector exporters can keep up to 70 percent of their foreign currency in the account.Separate two circulars have been issued from Bangladesh Bank's foreign currency policy department on Sunday.60 percent of other service sector retention quota has been maintained. On the other hand, from now on, any IT or software firm will be able to spend 30 thousand dollars a year without prior approval of the Bangladesh Bank. Earlier this limit was 25 thousand dollars In addition, the card-based international transaction limit has also been increased. Earlier this limit was $ 2,500. Now it has been increased to 6 thousand dollars.




