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.
June 7, 2023
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.
May 15, 2022
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.
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