Thirty years of deferred costs

For nearly three decades, Bangladesh Bank held the taka at an artificially stable rate, while domestic costs climbed 172%. Exporters absorbed the gap. Migrant workers routed their earnings through illegal channels. The bill arrived in 2022, all at once, in the form of a collapsing currency, burned reserves, and the largest single-day taka fall in history. A success story built on unstable... Details

Go to News Site