exchange rate Bangladesh

Bangladesh to loosen interest rate on IMF prescription

However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.

Taka to trade more freely by next month

Bangladesh will introduce a crawling peg system by next month to make the exchange rate more flexible and improve the foreign currency reserves, a key prescription from the International Monetary Fund.

IMF suggests greater flexibility in exchange rate to ease pressure on external account

Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today

Fixing the economy: BB drawing up roadmap to tackle 3 key challenges

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.

No IMF-prescribed reform before elections

The government has informed the International Monetary Fund (IMF) that it would not initiate any major reforms to enhance foreign exchange reserves and revenue earnings and reduce subsidies before the upcoming parliamentary elections..However, the government promised that drastic reforms w

Market-driven exchange rate not before national polls

The exchange rate volatility and its strain on the foreign currency reserves would not disappear anytime soon after Bangladesh Bank Governor Abdur Rouf Talukder yesterday said a floating US dollar rate would not be materalised before the upcoming national election.

IMF to suggest new exchange rate system

The IMF staff mission is willing to set a lower target for foreign currency reserves for this December and June next year provided the Bangladesh Bank adopts the crawling peg method to manage the exchange rate.

Correcting the dollar’s price is the only medicine we need

A single, sensible policy can make a motley of weird prescriptions totally redundant.

May 6, 2024
May 6, 2024

Bangladesh to loosen interest rate on IMF prescription

However, the BB governor did not announce when Bangladesh Bank would introduce the flexible interest rate and exchange rate.

May 6, 2024
May 6, 2024

Taka to trade more freely by next month

Bangladesh will introduce a crawling peg system by next month to make the exchange rate more flexible and improve the foreign currency reserves, a key prescription from the International Monetary Fund.

April 30, 2024
April 30, 2024

IMF suggests greater flexibility in exchange rate to ease pressure on external account

Bangladesh should allow greater flexibility in its exchange rate to address issues in its external account, particularly the deficit in the financial account, said the International Monetary Fund (IMF) today

October 26, 2023
October 26, 2023

Fixing the economy: BB drawing up roadmap to tackle 3 key challenges

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.

October 19, 2023
October 19, 2023

No IMF-prescribed reform before elections

The government has informed the International Monetary Fund (IMF) that it would not initiate any major reforms to enhance foreign exchange reserves and revenue earnings and reduce subsidies before the upcoming parliamentary elections..However, the government promised that drastic reforms w

October 19, 2023
October 19, 2023

Market-driven exchange rate not before national polls

The exchange rate volatility and its strain on the foreign currency reserves would not disappear anytime soon after Bangladesh Bank Governor Abdur Rouf Talukder yesterday said a floating US dollar rate would not be materalised before the upcoming national election.

October 18, 2023
October 18, 2023

IMF to suggest new exchange rate system

The IMF staff mission is willing to set a lower target for foreign currency reserves for this December and June next year provided the Bangladesh Bank adopts the crawling peg method to manage the exchange rate.

September 19, 2023
September 19, 2023

Correcting the dollar’s price is the only medicine we need

A single, sensible policy can make a motley of weird prescriptions totally redundant.

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