Bangladesh currency, the taka, to float

From Saturday Bangladesh will float the taka freely on the foreign exchange markets. The announcement on Thursday came after the government agreed to a proposal to float made by the International Monetary Fund (IMF).

Source: BBC

The Bangladesh currency, the taka, is to be allowed from Saturday to float freely on the foreign exchange market.

The decision was taken at a meeting of senior officials of the Bangladesh central bank on Thursday afternoon.

The announcement ended weeks of speculation about

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account