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

Dr Mirza Azizul Islam

No 20, CPD Working Paper from Centre for Policy Dialogue (CPD)

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.

Keywords: Exchange rate policy; Bangladesh (search for similar items in EconPapers)
JEL-codes: E41 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2003-01
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:pdb:opaper:20

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