Bangladesh’s economy stable on the surface, fragile underneath
Bangladesh Bank is beginning to loosen monetary policy from an unusually favorable position on the currency front. Despite persistent inflation and deep strains in the banking system, the taka has been among the most stable currencies in South Asia and neighboring economies over the past year, while foreign exchange reserves have recovered sharply. Yet that […] The post Bangladesh’s economy…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
