In another step to increase supply in the market and curb prices, Bangladesh Bank has relaxed the foreign exchange transactions rules for traders by allowing them to open Letter of Credit (LC) against deferred or usance basis or under buyer’s credit to import rice. Traders can import them against deferred payment or buyer’s credit taken from a bank of that country. The interest rate of that 90-day credit is maximum 6 percent. The official said Bangladesh Bank decided to extend the same facility to the traders to encourage them because they have to pay 9-15 percent interest against the credit taken from local banks for importing goods. It also aims to control the prices of rice in local markets