What do you know about Asian Clearing Union (ACU)? Asian Clearing Union (ACU) Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis. The main objectives of the clearing union are to facilitate payments […]
Read moreMonth: December 2022
What are the objective of Exchange control of Bangladesh?
What are the objective of Exchange control of Bangladesh? Answer: Objectives of Exchange Control: (i) Protection of Balance of Payments. One of the important objectives of exchange control is protection of balance of payments. When the balance of payments deficit of a nation becomes large an chronic an its automatic […]
Read more