The proposition that Bangladesh will move away from the US dollar-based payment settlement to a new international payment settlement is of no economic substance.
Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.
Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.
Bangladesh observed a prohibitive current account deficit of $17.1 billion in the last fiscal year of 2021-22. It, however, averaged $0.32 billion annually over the 12-year period from 2009 to 2021.
PBI officials probing the Mitu murder case will send the two books, seized from her husband and ex-police official Babul Akter as “evidence of his extramarital affairs”, to the CID for forensic examination.
On March 25, 2020, Prime Minister Sheikh Hasina announced, in her address to the nation, that the government would provide an incentive package of Taka 5,000 crore for export-oriented industries.
The world economy is now on lockdown because of the global coronavirus pandemic. Governments and their central banks around the world are wasting no time in dealing with the health and economic implications of this crisis.
The University Grants Commission (UGC) has circulated a directive to public universities recently to close all evening degree programmes. It is a populist move, made without consultation with stakeholders.
The proposition that Bangladesh will move away from the US dollar-based payment settlement to a new international payment settlement is of no economic substance.
Restoring equilibrium in both money market and forex market should be the central bank’s singular goal.
Bangladesh Bank can better fix the currency turmoil by freeing both interest rate and exchange rate to adjust over time.
Bangladesh observed a prohibitive current account deficit of $17.1 billion in the last fiscal year of 2021-22. It, however, averaged $0.32 billion annually over the 12-year period from 2009 to 2021.
PBI officials probing the Mitu murder case will send the two books, seized from her husband and ex-police official Babul Akter as “evidence of his extramarital affairs”, to the CID for forensic examination.
On March 25, 2020, Prime Minister Sheikh Hasina announced, in her address to the nation, that the government would provide an incentive package of Taka 5,000 crore for export-oriented industries.
The world economy is now on lockdown because of the global coronavirus pandemic. Governments and their central banks around the world are wasting no time in dealing with the health and economic implications of this crisis.
The University Grants Commission (UGC) has circulated a directive to public universities recently to close all evening degree programmes. It is a populist move, made without consultation with stakeholders.
Greece's desire to stay within Eurozone is a seriously constrained choice for its economy. This is because it will continue to plague price competitiveness of Greece's exportables in the rest of the world.
