Timeline for Who determines the exchange rate and how?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Nov 28, 2017 at 4:41 | vote | accept | again | ||
| Nov 27, 2017 at 13:53 | comment | added | 410 gone | You're right, there will be inflation - which means the same BDT amount buys you fewer goods. And thus it buys you fewer USD too. | |
| Nov 27, 2017 at 12:16 | comment | added | again | Well. It will sound like dumb. but, if BD government prints more 'BDT' then we will be able buy more USD. You saying that if govt does so then USD price will go high. But why? **I understand that if government prints more BDT then there will be inflation in local market ( i know why will it happen). | |
| Nov 27, 2017 at 9:38 | history | answered | 410 gone | CC BY-SA 3.0 |