LC opening for imports rises
The opening of letters of credit (LCs) for imports increased in the first eight months of the 2024-25 fiscal year compared to the same period in the previous year, reflecting a gradual recovery in business activity...
Tags : LC opening
LC opening in Dec hits 30-month high
The opening of letters of credit for imports surged to $6.92 billion in December, marking a 30-month high as businesses ramped up Ramadan-centric imports...
LC opening rises in Sept
The opening of letters of credit for imports rose in September, but it dropped slightly in the July-September period in the financial year 2024-25 compared with that in the same period in the previous year...
LC opening drops in July-Aug
The opening of letters of credit (LCs) for imports dropped significantly in the first two months of the 2024-25 financial year, primarily due to nationwide unrest...
LC opening rises slightly in FY24
The opening of letter of credit (LC) for imports increased in the financial year 2023-24 compared with that of in the year 2022-23 despite the central bank鈥檚 restrictive measures and a dollar crisis on the market...