Mate dollar rate in kerb market really doesn't matter. It will matter if you want to invest in it. Thats not the case for majority of people.Tk120 to one dollar is given in the newspaper. Why does not it float your imbecile mind? Can you change the present reality of BD by just talking a few heroic words?
Tk 120 is no problem for you. The problem is why what I said six months before is coming true. You are in a dilemma now.
I tell you one thing, the process of building a strong national economy is already lost for at least a few decades. The govt will be repaying $4 to $5 billion every year to the creditor nations after 2024.
There will be no money to industrialize. Domestic borrowing amounts to $78 billion in Taka. So, there is no fund to invest to build industries by the private sector.
Now, tell me which medicine your BAL will use to treat the economic disease. BAL has already destroyed the future of BD economy.
So, how are you going to develop BD? Is it by faking the BBS data?
Rather we should check at what rate the LC's are being opened. That's the rate that will have impact on everyday people. Although that rate doesn't look good either. Last week it averaged between 105-108tk and one point went as high as 112tk.
But seeing imports<exports+remittance, i think the rate should come down in Sept or Oct.