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Exchange Rate Policy of Bangladesh: Not Floating Does Not Mean Sinking

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  • Dr Mirza Azizul Islam
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    Abstract

    The paper analyses the current exchange rate policy of Bangladesh under various criteria and then assesses the feasibility of a floating rate regime under these various criteria. It looks at factors such as the involvement with international capital markets, share of trade with the country/countries with which the currency is pegged, and nature of shocks facing the economy, the willingness and feasibility of giving up control of its monetary policy and the level of international foreign currency reserves.

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    File URL: http://www.cpd.org.bd/pub_attach/op20.pdf
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    Bibliographic Info

    Paper provided by Centre for Policy Dialogue (CPD) in its series CPD Working Paper with number 20.

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    Length: 16 pages
    Date of creation: Jan 2003
    Date of revision:
    Handle: RePEc:pdb:opaper:20

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    Keywords: Exchange rate policy; Bangladesh;

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