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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) 91 94
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