BB launches dashboard to monitor FX transactions

Last updated: February 12, 2013
Dhaka, Bangladesh (BBN)- The central bank of Bangladesh on Tuesday launched an electronic system, generally known as ‘dashboard’ for monitoring all kind of foreign exchange transactions aiming to check fraud and forgery in the country’s banking sector.
Bangladesh Bank (BB) Governor Atiur Rahman inaugurated the dashboard at the central bank headquarters in Dhaka while officials of National Board of Revenue, Export Promotion Bureau, Office of the Chief Controller of Imports and Exports, and managing directors of commercial banks attended. 
Both the BB and scheduled banks are now able to supervise bank-wise outstanding inland documentary bills and the amount of bills of acceptance to be given by a branch of a bank in a day using the dashboard.
 
BBN/SSR/AD-12Feb13-2:14 pm (BST) 
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