Disciplining errant forex dealers
In a bid to tame the volatile foreign exchange market, the Bangladesh Bank (BB) has reportedly begun taking action against money changers found involved in profiting illegally through manipulating dollar price in the open market. Reports further have it that in the BB's drive so far, licences of five foreign exchange dealers have been suspended, nine agencies have been shut down while other 42 agencies have been served with show cause notices for violating rules guiding trade in foreign exchange....