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There seems to be a not so healthy situation with the taka/dollar/euro exchange rate. Since recently substantial investments have been made, this will necessitate higher import of raw materials. The situation is not still favourable.
It may be an option to allow the private sector to have access to overseas finance repatriation guarantee by the central bank. After all recently the Bangladesh Bank did provide such a guarantee for the Bangladesh Petroleum Corporation (BPC) for borrowing $250 million from Standard Chartered Bank at a very competitive rate, I understand.
I leave the matter for experts to consider.
Syed Feroze Ahned
98, Park Road, Baridhara, Dhaka.
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