Annual Report on Exchange Arrangements and Exchange Restrictions 2003
Author | : International Monetary Fund. Monetary and Capital Markets Department |
Publisher | : International Monetary Fund |
Total Pages | : 1116 |
Release | : 2003-09-03 |
ISBN-10 | : 9781589062184 |
ISBN-13 | : 1589062183 |
Rating | : 4/5 (84 Downloads) |
Book excerpt: This 2003 Annual Report on Exchange Arrangements and Exchange Restrictions provides a detailed description of the exchange arrangements and exchange/trade restrictions of individual IMF member countries and Hong Kong Special Administrative Region, as well as Aruba and the Netherlands Antilles. The report highlights that Bangladesh Bank announces a buying–selling rate band for the U.S. dollar against the taka for its transactions with authorized dealer banks. Trends of the real effective exchange rate of the taka against a trade-weighted basket of currencies of major trade partners are analyzed to monitor the external competitiveness of the exchange rate.