Money in Bangladesh

Bangladesh Money | Economic News & Forecasts

Bangladesh - Money

The economy likely grew at a strong pace in the first half of fiscal year 2020, which started in July. USD-denominated remittances increased year-on-year by approximately one-quarter in H1 FY 2020, which should have buttressed private consumption. In addition, wages of low-skilled workers, as measured by the Central Bank, increased at a healthy pace in the same period, while bank lending increased by just over 10% in July–November. All in all, domestic demand looks firm in H1 2020, despite the introduction of a new VAT regime, which reduced exceptions for many essential consumer goods, and a one-third increase in natural gas prices on 1 July. Less positively, however, exports of goods decreased by nearly 6% year-on-year in the first half of the fiscal year, largely due to a drop in ready-made garment exports.

Bangladesh - Money Data

2014   2015   2016   2017   2018  
Money (annual variation in %)16.1  12.4  16.4  10.9  9.2  

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Bangladesh Money Chart

Bangladesh Money
Note: Money, annual variation of wide money in %.

Bangladesh Facts

Value Change Date
Exchange Rate84.890.14 %Jan 01

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