Bangladesh foreign currency crisis

Why the US dollar is an optimal reserve currency for Bangladesh

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.

Meeting the conditions for the IMF Loan

As is well-known, credit from the IMF comes with strings attached, and the latest one is no exception.

Do we really know how hundi works?

A more comprehensive analysis is needed to gather a complete picture of the hundi business.

Recognising a crisis and responding to it effectively

Soaring oil and commodity prices have hit Bangladesh’s foreign exchange reserves significantly.

Talk of the town: falling forex reserve

In the wake of a foreign currency crisis in the country three recent steps of the government that drew wide appreciation are the travel restrictions for government officials (Finance Division, May 12), lifting of source declaration requirement for over Tk 5 lakh remittance (Bangladesh Bank, May 23) and imposition of additional duty on 68 various importable items (National Board of Revenue, May 24). While we fashionably go against the government on every possible issue on social media, these three rather attracted profuse praise with the first one, cessation of foreign tours, causing hysteria.

May 16, 2023
May 16, 2023

Why the US dollar is an optimal reserve currency for Bangladesh

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.

May 14, 2023
May 14, 2023

Meeting the conditions for the IMF Loan

As is well-known, credit from the IMF comes with strings attached, and the latest one is no exception.

March 2, 2023
March 2, 2023

Do we really know how hundi works?

A more comprehensive analysis is needed to gather a complete picture of the hundi business.

July 24, 2022
July 24, 2022

Recognising a crisis and responding to it effectively

Soaring oil and commodity prices have hit Bangladesh’s foreign exchange reserves significantly.

June 1, 2022
June 1, 2022

Talk of the town: falling forex reserve

In the wake of a foreign currency crisis in the country three recent steps of the government that drew wide appreciation are the travel restrictions for government officials (Finance Division, May 12), lifting of source declaration requirement for over Tk 5 lakh remittance (Bangladesh Bank, May 23) and imposition of additional duty on 68 various importable items (National Board of Revenue, May 24). While we fashionably go against the government on every possible issue on social media, these three rather attracted profuse praise with the first one, cessation of foreign tours, causing hysteria.