Currency Devaluation

Currency Devaluation

At the time of independence, the price of USD 1 was just Tk7.7. The current kerb market rate per $1 is Tk124 reflecting a 94% erosion of value over 50 years. Photo: TBS

The case for preserving the value of the Taka

It is easy to blame our troubles on the US Federal Reserve, the Russia-Ukraine war or the parliamentary elections; but we should also review our past monetary policy decisions

Illustration: TBS

How to protect your money during times of inflation, currency devaluation

How currency devaluation costs govt dearly

How currency devaluation costs govt dearly

Taka devaluation continues as Bangladesh moves closer to unified exchange rate

Taka devaluation continues as Bangladesh moves closer to unified exchange rate

Cenbank gains Tk27,761cr from taka devaluation in 9 months FY23

Cenbank gains Tk27,761cr from taka devaluation in 9 months FY23

More devaluation this month

More devaluation this month

Infographic: TBS

Taka devalued yet again

Private power producers fear Tk4,400cr loss due to delay, payment in devalued taka

Private power producers fear Tk4,400cr loss due to delay, payment in devalued taka

Mohammad Abdur Razzaque. Sketch: TBS

'Food inflation is an unavoidable consequence of currency devaluation'