devaluation

devaluation

Illustration: Freepik

Dollar rate mismatch in FY25 budget feared to cause fiscal disruptions

The big change in exchange rate will make a big difference in balancing the accounts

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

Infograph: TBS

Taka slightly undervalued for first time, but economic benefits in question

How currency devaluation costs govt dearly

How currency devaluation costs govt dearly

Taka sees biggest fall against dollar

Taka sees biggest fall against dollar

Weak taka number one risk for macro stability: Finance Ministry

Weak taka number one risk for macro stability: Finance Ministry

Representational image/Collected

Taka devalued against dollar by Tk1.5 again

Taka devalued by Tk1.5 – biggest in FY23

Taka devalued by Tk1.5 – biggest in FY23

Representational image/Reuters

Taka devalued by Tk2.05 against dollar in two days

Currency devaluation to reduce pressure on imports

Currency devaluation to reduce pressure on imports

People walk on the street near an image of former Cuban President Raul Castro in Havana, Cuba, September 9, 2020. Picture taken September 9, 2020. REUTERS/Alexandre Meneghini

Cuba plans first official peso devaluation since 1959 revolution, sources say

The RMG sector has experienced a 7.74 percent decline in export earnings in the five months until November, 2019, which the experts have attributed to the global economic slowdown. Photo: Mumit M

There are more ways to revitalise export earnings besides devaluation