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The Liberation Of Bangladesh And The Arc Of Its History Due To The Fact Then

Having said that, taka further lost its worth in FY 2007 and stood at 69.03 reflecting much more than 17 % depreciation from FY 2004. To ease the pressure Bangladesh Bank intervened in the industry by means of selling US$ in the interbank market place. In addition Bangladesh Bank approved the banks restricted excess withdrawal from their foreign exchange clearing account and made some relaxation on restrictions forward and SWAP transactions. Bangladesh had accomplished its independence—but at an extremely higher cost. “Our government has failed to denounce the suppression of democracy. Our government has failed to denounce atrocities… Our government...