forex crisis in Bangladesh
Foreign aid sees higher utilisation
The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
Government’s decision to hike fuel prices will hurt every section of society
The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.
Bangladesh Bank lets taka float against US dollar
In an effort to stabilise the forex market, Bangladesh Bank has decided to allow the exchange rates of the taka to float against the US dollar for the first time in a decade.
Foreign aid sees higher utilisation
The use of foreign aid for development projects in Bangladesh jumped 49 per cent year-on-year in July, providing some relief to the government amid the ongoing pressure on the country’s foreign exchange reserves.
Government’s decision to hike fuel prices will hurt every section of society
The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.
Bangladesh Bank lets taka float against US dollar
In an effort to stabilise the forex market, Bangladesh Bank has decided to allow the exchange rates of the taka to float against the US dollar for the first time in a decade.
