Explainer: Rise in Taka’s value risks Bangladesh’s export competitiveness
A recent rise in the Taka’s exchange rate is raising concerns that local exports could lose their price advantage in global markets. According to central bank data, Bangladesh’s Real Effective Exchange Rate (Reer) climbed 1.39% in August to reach 105.37. The Reer compares the Taka agains
Covered by 1 source ·
Every side
-
Dhaka Tribune Independent
A recent rise in the Taka’s exchange rate is raising concerns that local exports could lose their price advantage in global markets. According to central bank data, Bangladesh’s Real Effective Exchange Rate (Reer) climbed 1.39% in August to reach 105.37. The Reer comp