The Increase In September, forex card use was Tk 689 crore. In August, it was Tk 658 crore. This is a 6.29% rise in one month.
Why People Use Cards – Cash dollars are hard to find. – Card rates are sometimes better than cash. – Students abroad need payments through cards. – Travelers use cards for tickets, hotels, and shopping.
Bank Money Problem Banks had Tk 175,000 crore in August. It fell to Tk 164,000 crore in September. This shortage is called liquidity crisis.
What India Buys – India buys coal from Australia. – Coal is needed for power and energy. – Smart buying helps trade gap shrink.