Dhaka, the capital of Bangladesh, is one of the most densely populated cities in the world. The huge population has meant a huge influx of vehicles. However, the number of roads has not increased at the same rate as the population. With a collaboration between Bangladeshi Government and Japan International Co-operation Agency (JICA) a 20.1 kilometer long metro rail is going to be built to cater the need of the commuters. This will be known as the Mass Rapid Transit (MRT) line 6 and it will be the first and the most advanced mass transport system in Bangladesh. In this regard, the Metro Rail Act, 2015 (hereinafter referred to as “Act”) has been passed by the Parliament of Bangladesh with a view to ease the perplexity of traffic congestion and providing fast and reinforced public transport service in the capital

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The increasing globalization has led to a massive growth in the number of foreign transactions in recent times. The foreign exchange market, globally, experiences transactions of trillions of dollars on daily basis. Foreign exchange transactions encompass many things, starting from billion-dollar payments made by business conglomerate, corporate giants and governments for goods and services purchased from overseas to the conversion of currencies by a traveler at an airport. Bangladesh inherited its Foreign Exchange Regulation Act 1947 (hereinafter referred to as

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