Crawling Peg System
Crawling peg system likely from 2024’s first quarter
BB sits with ABB, BAFEDA
EXPLAINER / How the crawling peg for currency will work
The central bank has rolled out a plan to introduce an interim crawling peg system for the taka to regulate abrupt fluctuations of its value, paving the way towards a fully flexible regime in the future.
BB to adopt crawling peg. Can it end exchange rate volatility?
BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested
What is a crawling peg?
Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
Crawling peg system likely from 2024’s first quarter
BB sits with ABB, BAFEDA
How the crawling peg for currency will work
The central bank has rolled out a plan to introduce an interim crawling peg system for the taka to regulate abrupt fluctuations of its value, paving the way towards a fully flexible regime in the future.
BB to adopt crawling peg. Can it end exchange rate volatility?
BB's adoption of crawling peg as per IMF prescription will possibly rule out a market-driven exchange rate, as suggested
What is a crawling peg?
Its a system of exchange rate adjustments in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates.
