TFFE

10 (a) Your importer wants to book for a payment of 90-day LC amount of EUR 25,000.00 to your bank. Calculate the exchange rate to deal with the import payment. How much does the importer have to pay to your…

Write short notes on any five of the following (a) Cryptocurrency Cryptocurrency is a digital or virtual currency that uses cryptography for security and generally operates through blockchain technology without being issued or controlled by a central bank. Its value…

Distinguish between any four of the following (a) Floating Exchange Rate and Crawling Peg Mid Rate (CPMR) Under a Floating Exchange Rate, the exchange rate is determined by market demand and supply, whereas under CPMR, Bangladesh Bank sets a reference…

Write short notes on any five of the following (a) Asian Clearing Union (ACU) Asian Clearing Union (ACU) is a regional payment arrangement among the central banks of Bangladesh, India, Pakistan, Sri Lanka, Nepal, Bhutan, Myanmar, Maldives, and Iran. It…

Distinguish between any four of the following (a) Balance of Trade (BOT) and Balance of Payment (BOP) (1) Balance of Trade (BOT) records only exports and imports of goods, whereas Balance of Payment (BOP) records all economic transactions with the…

Write short notes on any five of the following: (a) Bill of Entry (BOE) A Bill of Entry (BOE) is a customs document submitted by the importer or its Clearing and Forwarding (C&F) agent when imported goods arrive in Bangladesh….