Elsewhere

If you don’t know the underlying economics of an issue or subject then it’s going to be easy enough to be confused by what happens surrounding that economic issue or subject. And so it is with the Taka against the US dollar exchange rate.

The rate has been declining over time — good, it should be. That isn’t quite how most think of it but that’s just because most haven’t grasped those little subtleties of what is going on.

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