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increasing exchange rate in Bangladesh: Causes and impact in BD economy.
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increasing exchange rate in Bangladesh: Causes and impact in BD economy.

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  • 1. WELCOME
  • 2. GROUP NAME: ‘SYNERGY’NAME IDMD. SALIM AHMED 07302120MD.ARIFUL HAQUE CHOWDHURY 07302037MD. TANBIR AHMED 07302030
  • 3. Increasing of Exchange rate inBangladesh: Causes and Impactin BD Economy.
  • 4. An exchange rate is the current marketprice for which one currency can beexchanged for another
  • 5. Exchange rate system Fixed Floating PeggedExchange Exchange Exchange rate rate rate
  • 6. Factors Determining the Exchange rate Foreign Exchange reserve Export Balance of & Payment Import Exchange rate
  • 7. Current trends of exchange rate against US Dollar
  • 8. Current scenario of Exchange rate in Bangladeshagainst world major currenciesConvert from Convert to Exchange rate As OfBangladeshi Taka US Dollar 0.01217 5/25/2012 3:00 AM(BDT)Bangladeshi Taka Canadian dollar 0.01250 5/25/2012 3:00 AM(BDT) (CAD)Bangladeshi Taka Australian Dollar 0.01246 5/25/2012 3:00 AM(BDT) (AUD)Bangladeshi Taka Indian Rupee (INR) 0.67648 5/25/2012 3:00 AM(BDT)Bangladeshi Taka Euro (EUR) 0.00971 5/25/2012 3:00 AM(BDT)Bangladeshi Taka British Pound (GBP) 0.00777 5/25/2012 3:00 AM(BDTBangladeshi Taka Saudi Riyal (SAR) 0.04564 5/25/2012 3:00 AM(BDT)Bangladeshi Taka Japanese Yen (JPY) 0.96912 5/25/2012 3:00 AM(BDT)
  • 9. Causes of increasing Exchange rate in Bangladesh Reducing Foreign Reserve Trade Deficit Reducing FDI
  • 10. High Subsidy in Quick rental power plant for importing furnace OilForeign aid (receipt and Payment)Money laundering
  • 11. Foreign reserve (2010-12)12000 11174.4 11158.6 11316.4 10730.6 10381.7 10066.8 1019310000 9634.9 9386.5 9579.48000600040002000 0 December january February March April 2010-11( In million US $) 2011-12 (In million US $)
  • 12. FDI inflow (1996-2011)
  • 13. Foreign aid: Receipt and payment (in crore $,july –Novembor) receipt payment with interest61.42 41.38 2010-11 2011-12 -36.86 -40.93
  • 14. Impact of increasing exchange rateInflationIncreasing the cost of productionDecreasing the competitivenessDecreasing standard of living
  • 15. Recommendation Discourage import of luxurious goods like-expensive smart phone, IT product, Automobiles, furniture etc. Bangladesh bank must keep foreign reserve above 10 billion. Investment board must takes sufficient initiatives to attracts more & more FDI. Strict rules must be enforce by Bangladesh bank to stop money laundering. A Special fund should be formulate to meet call up money or provide liquid money by Bangladesh bank or IMF. Free flow of remittance must be ensured. Minimize trade deficit Devaluation of taka must be balanced. Need sound govt. policy and implementation of policy.
  • 16. Thanks For Being With Us