Crawling peg system: A welcome step but will it be enough to boost reserves?
The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.
1w ago
Coca-Cola's new campaign unites all brands
Coca-Cola Company has rolled out its first global tagline -- Taste the Feeling -- across all Coke brands in a
8y ago
ADB vows reforms to stay relevant
The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
9y ago
Quake-affected Nepal pleads for funds from international community
Nepalese Finance Minister Ram Sharan Mahat yesterday used a gathering of 3,000 people from around the world in Baku to plead for global help as his earthquake-ravaged nation struggles to raise funds for rebuilding.
9y ago
May 7, 2024
Crawling peg system: A welcome step but will it be enough to boost reserves?
The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.
January 27, 2016
Coca-Cola's new campaign unites all brands
Coca-Cola Company has rolled out its first global tagline -- Taste the Feeling -- across all Coke brands in a
May 6, 2015
ADB vows reforms to stay relevant
The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.
May 4, 2015
Quake-affected Nepal pleads for funds from international community
Nepalese Finance Minister Ram Sharan Mahat yesterday used a gathering of 3,000 people from around the world in Baku to plead for global help as his earthquake-ravaged nation struggles to raise funds for rebuilding.
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