Bangladesh Bank knowledge confirmed that the opening of letters of credit score (LCs) rose by 4.5 per cent 12 months on 12 months (YoY) to $29.69 billion throughout July-November FY26.
Imports in Bangladesh recovered modestly in the primary 5 months of this fiscal as companies have been cautious amid weak demand, political uncertainty and continued banking sector stress.
The opening of letters of credit score rose by 4.5 per cent YoY in the course of the interval.
The gradual tempo displays a wait-and-see method by importers as political exercise intensified forward of the nationwide election in February 2026.
The gradual tempo displays a wait-and-see method by importers as political exercise intensified forward of the nationwide election scheduled for February 12, 2026, bankers have been cited as saying by a home media outlet.
Despite total financial situations barely bettering from final 12 months’s disruption, the restoration stays fragile. Businesses are nonetheless grappling with tight financial institution liquidity, excessive borrowing prices and coverage uncertainty.
While relative stability in the greenback market has eased quick stress, it has not been sufficient to revive confidence for a powerful rebound in imports, in accordance with home media reviews.
Import exercise had slumped sharply in mid-2024 amid a student-led motion that ultimately led to the autumn of the Sheikh Hasina authorities in August.
The unrest disrupted provide chains, delayed funds and worsened greenback shortages, forcing many companies to halt procurement.
Fibre2Fashion News Desk (DS)