You must Sign In to post a response.
  • Category: Miscellaneous

    Bangla Taka is nearing to Indian Rupee!

    As I visited the Coin mill Website to check the different countries currency value that Bangladesh Currency Taka is almost nearing and Close to Indian INR that is 0.82 rupees as a few years back it is close to 0.60 but there is a severe ramp in Bangla Taka.What are the reasons for an increase in Taka value?Is the Productivity in Bangladesh is ramping and may beat India in near future?Knowledgeable members,Please respond to the Question....
  • #593646
    Yes, during the present regime of Awami League led by the efficient Prime Minister, Sheikh Hasina Wajed, Bangladesh has been slowly and steadily improving its economy. The value of Bangladeshi currency is strengthening day by day due to its strong economy.
    Caution: Explosive. Handle with care.

  • #593651
    It seems Bangladesh is making all round progress in every field and in cricket too they are making other countries to run for cover. Good that under the able rule of Awami League led by the efficient Prime Minister, Sheikh Hasina Wajed there seems to positive outcome from her decisions and having close relations with India and our PM Modi, the Indian expertise also getting transferred to that country. All these gives rise to increased performance in economy and that will have positive rise in the currency value too. India too wants strong neighbors economy wise and home Bangladesh would march ahead further
    K Mohan
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #593659
    No doubt that the economy of the Bangladesh is improving gradually on par with other developing nations. That must be the reason for Taka to reach INR. In other way, though the economy of our nation is getting developed, out currency, i.e. INR is not shown improvement with USD, rather weakening. Downfall of INR is also one of the reasons to reach Taka to INR. Anyhow, if our neighbour is developed to their heights, being a neighbour we also feel the same. Any improvement in the sub-continent would be a proud feeling.

  • #593667
    First we need to focus on the factors that lead to an increase in foreign currency exchange rates:
    1. Low inflation.
    2. High interest rates.
    3. A good trade relationship
    4. Political stability.
    5. Less Government debt.

    Is Bangladesh satisfying the above factors? That we shall see. But demonetization clearly hasn't made the impact it promised. On contrary, we incurred many losses that led to instability in economy. As my fellow ISCians said, Bangladesh is enjoying a stable political and economic phase now. It is the private sector that contributes to Bangladesh's growing economy. But Bangladesh still doesn't have a very good trade relation with it's neighbors.

    The stronger a light shines the darker are the shadows around it.

  • #593672
    If something happens well for other country that is our virtue otherwise, it is others with this kind of mentality India will never grow as Country.
    A blunt knife or rusted knife can't be useful for anything just for the sake we call it as the knife similar to PayTM series or Sachin or Virat records.

  • #594223
    It seems Narendra Modi is not doing anything just making famous in News Headlines of Gujarati people in Cricket, Business, Politics and in High Job profiles like Reserve Bank Governer Vurjit Patel , Next President :L.KADVANI in Cricket Pujara, Jadeja every Paytm series most contributions comes from this region people.Business as we knew Reliance Ambani and PAY TM Adani are playing a vital role these are the only Victories of Modi of these 5 years.
    A blunt knife or rusted knife can't be useful for anything just for the sake we call it as the knife similar to PayTM series or Sachin or Virat records.


  • Sign In to post your comments