The Metropolitan Chamber of Commerce and Industry (MCCI) today suggested the central bank should consider China's Renminbi (RMB) as a second currency for international trading, especially for importing raw materials from China.

The recommendation was made by a delegation of the MCCI in a meeting with Bangladesh Bank Governor Abdur Rouf Talukder at his office in Dhaka.

MCCI President Md Saiful Islam led the delegation at the meeting.

The chamber also advised using the Chinese currency in case of Bangladesh's imports in large volumes.

The adoption of RMB as the second currency in international trade would be a great relief in easing up the demand of the US Dollar to a great extent, it said.

The RMB was already officially recognised as a second reserve currency in Bangladesh, the MCCI said in a statement.

The governor assured his support and mentioned that a necessary circular will be issued to clarify that businesses can use RMB in case of import from China.

He requested MCCI to support the government in overcoming the challenges together.