The exchange rate of the taka and the US dollar is going to be turned more flexible in line with suggestions of International Monetary Fund (IMF), according to Bangladesh Bank. Currently, there is a ...

Discover how a nation's balance of payments can affect its currency's exchange rate and the dynamics of its relationship in international financial markets.

After returning from my studies in the U.K., I was assigned to the planning section of the debt management division at the Ministry of Finance's financial bureau.

Columbia University Professor Robert Mundell (born in 1932), the winner of the 1999 Nobel Prize in Economics who is also known as the intellectual father of the euro, is touted in China as the ...

The magnitude of devaluation on August 11 is the largest since the current managed floating exchange rate system was introduced in July 2005. The midpoint rate of the yuan against the dollar ...

The Bangladesh Bank (BB) is not moving away from the crawling peg mechanism to a free-floating exchange rate regime right now to "avoid any speculative role" by foreign currency market aggregators.