The state minister for finance pointed to a plan to maintain macroeconomic stability by keeping the budget deficit at a bearable level and controlling inflation. Keeping the exchange rate stable against foreign currencies and reconstructing foreign reserves is also one of our main goals. However, the recent change in the exchange rate of the taka has had an impact on internal inflation. In this case, a crawling peg-based currency exchange policy has been adopted to stabilise the foreign currency exchange rate. As a result, the foreign exchange reserves will return to a strong position shortly and the crisis of foreign currency will end.

Source: bd News24 June 01, 2024 12:53 UTC