Another multiple exchange rate system is emerging after months of deliberations between the Bangladesh Foreign Exchange Dealers Association Bafeda, the Association of Bankers, Bangladesh ABB, and the Bangladesh Bank. It is dominated by discriminatory exchange rate ceilings set at levels closer to reality. The new arrangement can work in good times, but boomerang in stressed times such as the present.
httpswww.tbsnews.neteconomymoving-sideways-reforming-exchange-rate-management-497730
TBSNEWS.NET
Moving sideways on reforming exchange rate management
Another multiple exchange rate system isnbspemerging after months of deliberations between the Bangladesh Foreign Exchange Dealers Association Bafeda, the Association of Bankers, Bangladesh ABB, and the Bangladesh Bank. It is dominated by discriminatory exchange rate ceilings set at levels clo...
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