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Exchange rate adjustment of taka: A crying need

Bangladesh professes to maintain a floating exchange rate of its currency but practices what is called managed floating or pegged floating regime. In foreign exchange parlance this system of exchange rate management is also known as dirty floating. What we are actually doing is pegging our currency to its intervention...

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Reminiscing March 1971: The Day the Music Died

It was a collision of the most brutal kind. President General Agha Muhammad Yahya Khan's "Operation Searchlight" clashing against Sheikh Mujibur Rahman's "search for light" after Pakistan's historically most fairly contested election. The former's tally: hundreds of thousands killed, hundreds of thousands women raped, ten millions evicted as refugees, entry...

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