Devaluation of taka

Bangladesh pays first foreign bill in taka

Bangladesh has made the first payment for a mostly foreign loan-funded project in the taka, ushering in another mode of better preserving foreign currency reserves.
7 June 2023, 01:50 AM

Time running out to devalue taka sharply

Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.
15 May 2022, 02:30 AM