Off the mark: To depreciate or not to depreciate

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The sudden devaluation of the Chinese yuan against the dollar last month jolted the global foreign exchange market. Despite the fact that the devaluation was not very large, around 5 percent, the foreign exchange markets around the world reacted almost immediately underscoring the sensitivity of the world economy to economic and financial developments in China…. Read more »

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Trans Pacific Partnership and garment export

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Whenever any of our major trade partners contemplates a free trade agreement or special trade preferences for countries that are exporters of apparels, an alarm is raised that such an agreement would adversely impact the export of apparels from Bangladesh. There was considerable unease when EU granted GSP+ trade privileges to Sri Lanka in 2005… Read more »

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