It is still widely believed that depreciation of taka vis-à-vis foreign currencies—especially US dollar—will boost Bangladesh’s export earnings. This is true only if our exports are priced or invoiced in Bangladeshi taka. For example, if a shirt made in Bangladesh is invoiced at Tk 1,000, at an exchange rate of USD 1 = Tk 85, the shirt will cost USD 11.76 in the international market.
With the evolving time, banks have made some progress with regard to their technology and are trying to provide faster and better services to customers. However, these services are comparatively beneficial to a certain percentage of people from the urban areas.