Time to set realistic dollar exchange rates
Central bank should read the market, revise rules accordingly to ensure stability
Source: thedailystar.net
Lternative Foreign Currency News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Lternative Foreign Currency. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Lternative Foreign Currency Today - Breaking & Trending Today
Why the US dollar is an optimal reserve currency for Bangladesh
Reserve currency: Central banks, financial institutions, corporations and currency speculators invoice their international trade and transactions in terms of the US dollar because it has been the norm since after World War II. Accordingly, the Bangladesh Bank has maintained a growing volume of forex reserves mostly in the US dollar.
Source: thedailystar.net
A reality check for the renminbi
Renminbi vs US dollar: It is no secret that China would like to convert the renminbi into an international currency and move away from the global dominance of the US dollar. While this is often interpreted as a geopolitical move, a way to insulate China from possible US-led economic sanctions in the future.
Source: thedailystar.net