forex crisis in Bangladesh
Time to set realistic dollar exchange rates
Central bank should read the market, revise rules accordingly to ensure stability
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.
A roller-coaster year comes to an end
Let us forge ahead with the lessons taught by 2022
Time for a new central bank and monetary policy
The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.
Fix our current account deficit
Reevaluating economic policies and practices is the need of the hour
Coping with the twin shocks of inflation and depleting forex reserves
Dealing with these two major challenges is essential for macroeconomic stability
Forex reserves slip below $36 billion
Bangladesh’s foreign exchange reserves have dipped below $36 billion due to high import payments against the slower than expected export earnings.
What Bangladesh needs to consider before devaluing the taka further
The taka has been devalued against the dollar in seven steps this year.
Foreign aid sees higher utilisation
The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
Bangladesh Bank lets taka float against US dollar
In an effort to stabilise the forex market, Bangladesh Bank has decided to allow the exchange rates of the taka to float against the US dollar for the first time in a decade.
