foreign exchange crisis in Bangladesh

World Bank suggests unified exchange rate, further monetary tightening

The World Bank has recommended Bangladesh put in place a unified exchange rate and tighten monetary policy further in order to tame persistently high inflationary pressure and end the foreign exchange crisis.

Time to set realistic dollar exchange rates

Central bank should read the market, revise rules accordingly to ensure stability

Mighty dollar squeezes int’l purchases thru credit cards

The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.

Forex shock to remain as major challenge

With a huge deficit in its financial account balance and foreign exchange reserves depleting, Bangladesh’s main challenge in the coming months will be tackling foreign exchange shocks, said economists yesterday.  

February 27, 2024
February 27, 2024

World Bank suggests unified exchange rate, further monetary tightening

The World Bank has recommended Bangladesh put in place a unified exchange rate and tighten monetary policy further in order to tame persistently high inflationary pressure and end the foreign exchange crisis.

November 22, 2023
November 22, 2023

Time to set realistic dollar exchange rates

Central bank should read the market, revise rules accordingly to ensure stability

September 19, 2023
September 19, 2023

Mighty dollar squeezes int’l purchases thru credit cards

The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.

August 21, 2023
August 21, 2023

Forex shock to remain as major challenge

With a huge deficit in its financial account balance and foreign exchange reserves depleting, Bangladesh’s main challenge in the coming months will be tackling foreign exchange shocks, said economists yesterday.