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The taka faced less depreciation against the US dollar compared to other South Asian currencies in the last one year, eroding the export competitiveness of Bangladesh against its peers.
Dollar to taka exchange: Despite a lot of stress, the Bangladeshi taka remains one of the strong currencies in the region. No doubt, the taka is still overvalued and consequently, it is trying to realign itself with the value of the US dollar through measured depreciation.
>> thank you for the update. right now on msnbc, bobby jindal just wrapped up his news conference, updating reporters on the oil slick creeping its way toward that gulf coast state. he says they are setting up primary lines of defense along the louisiana coastline in areas vulnerable to the oil and that the state is going to do everything it can to protect the coast and that's it's not going to wait for the ka value from the federal government. 6800 square miles of federal waters now are closed to fishing and from the mouth of the mississippi river to florida's pensacola bay, you're looking ...