Devaluation of taka

Dhaka-Ashulia Elevated Expressway / Bangladesh pays first foreign bill in taka

Bangladesh has made the first payment for a mostly foreign loan-funded project in the taka, ushering in another mode of better preserving foreign currency reserves.

Time running out to devalue taka sharply

Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.