DHAKAilluviumrpg, Aug. 25 (Xinhua) -- The central bank of Bangladesh has set a new cash withdrawal limit of 400,000 taka (3,333 U.S. dollars) via cheques per account per day starting from Sunday.
As per the latest announcement from the Bangladesh Bank on Saturday night, commercial banks in the country are now required to limit cash withdrawals to 400,000 taka per account daily, up from the previous limit of 300,000 taka.
On Aug. 8, the Bangladeshi interim government imposed stricter controls, limiting cheque withdrawals to 100,000 taka. Later the central bank raised the limit to 200,000 taka.
The central bank's decision follows the Bangladeshi interim government's directive for banking and financial sector reforms after the government change on Aug. 5. (1 U.S. dollar equals about 120 taka).■