Bangladesh is going to
devalue its currency this month because of the impact of global recession.
Finance Minister told journalists that they would discuss it with different
trade bodies before taking final decision. Finance minister
A M A Muhith hinted Sunday that Bangladesh is set to devalue
the Taka this month to help exporters compete in the crisis-ridden global
In this report
economist Dr Mustafizur Rahman, Executive Director of Center for Policy
Dialogue (CPD), a civil society think tank and Coordinator of the committee to
assess the impact of global recession analyses the decision of devaluing the
currency and looks into the impact such devaluation might have on the export
and import in Bangladesh.