Taka

Off the mark: To depreciate or not to depreciate

Posted 4:43 PM by M A Taslim & filed under Comment.

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 »

Creeping inflation in Bangladesh

Posted 10:56 PM by A. R. Chowdhury & filed under Comment.

In recent months, I have written several opinion pieces on the various aspects of inflation in Bangladesh. Inflationary pressure has been increasing again in recent months.

Mysteries and consequences of sharp exchange rate changes: A labyrinth?

Posted 8:55 PM by Matiur Rahman & filed under Comment.

Simply put, as in Economics 100, a bilateral exchange rate involves exchanges of one national (home) currency for another national (foreign) currency. This is about exchanges of two different national monies.

Politicised approval of new banks: The BB in focus

Posted 9:16 PM by Matiur Rahman & filed under Comment.

The pivotal role of the banking sector in an economy is well-recognised. Commercial banks play multi-faceted roles in contributing to economic growth, employment and overall well-being of people.

National saving schemes and liquidity

Posted 7:05 PM by M A Taslim & filed under Comment.

The government has finally raised the interest rates on national savings schemes to competitive levels — a measure that it should have taken long ago.

Balance of payments: Recent developments and implications

Posted 6:06 PM by M A Taslim & filed under Comment.

Recent data released by Bangladesh Bank suggest that the pressure on the balance of payments has subsided somewhat. The stock of international reserves that had dipped below $9 billion