Investor Presentaiton
Independent Review of
RBD
Bangladesh's Development
Prudent Exchange Rate Management:
Call of the Day
To recall, CPD's Policy Suggestions three years back included the
followings
CPD's Policy Suggestions: IRBD 2019 (June 11, 2019)
➤ A gradual depreciation of the BDT should be pursued with the help of the
central bank's sterilisation interventions
➤ A sharp depreciation may have adverse implications for import payments,
consumer prices and foreign debt servicing
➤ Depreciation of BDT will also help incentivising export and remittances
hence, cash incentives will not be required!
➤ In the short term, the expected deficit in the current account may be brought
down by containing imports
➤ The government may also consider raising import duties on selected luxury
items and consumer goods
➤ Bangladesh Bank can selectively impose higher LC margin to discourage
imports
CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading)
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