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Time to exit the failed Bangladesh economic experiment in exchange rate management

Economist Zahid Hussain. Illustration: TBS Economist Zahid Hussain. Illustration: TBS Bangladesh's experiment in exchange rate management since September.

Meeting deficit financing: Govt borrowing from banks may go thru the roof

The government’s target for borrowing from the banking system in the next fiscal year is set to surpass the Tk 1 lakh crore mark for the second consecutive year amid the twin difficulties of raging inflation and shrinking foreign reserves.

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