According to Statistics Department’s circular (StD CIRCULAR NO. 03 DATED 12.05.2014), banks are submitting Portfolio Investment (PI) return related RIT’s (T_ME_Q_PORT_INV & T_ME_Q_PORT_SURVEY) to this department on quarterly basis. On the other hand, according to guidelines indicated in Foreign Exchange Vol-1(Chapter 14 para 24(x), page no 135), banks are submitting return (Appendix 5, page no 74) regarding NITA A/C transactions to Foreign Exchange Investment Department (FEID) on monthly basis. The decision has been taken to collect PI data on monthly basis by newly designed RIT (T_ME_M_PORT_INV & T_ME_M_PORT_SURVEY) due to similarities of return between quarterly PI of Statistics Department and monthly NITA based statement of FEID. In this connection, newly prepared RIT’s (T_ME_M_PORT_INV & T_ME_M_PORT_SURVEY) will have to upload to the Bangladesh Bank’s web portal within 15 days following the reference month instead of timeline indicated in previous Statistics Department’s circular (StD CIRCULAR NO. 03 DATED 12.05.2014) and enclose the copy of uploading confirmation page with the relevant month’s forwarding.
The instructions shall come into force immediately.