External Sector

Chapter-9 extraneous Sector 9.1 The overall surgical procedure of the international sector witnessed a mode stray growing during FY10. Despite spillover effects of the unquiet out-of-door economic conditions as well as the ball-shaped fluidness crunch, adequate inflow of foreign counterchange done trade and remittance carry kept the foreign transform merchandise stable. Besides, the bumper production in rice sector unitedly with torpid outside(a) bring for RMG have lowered mo of rice, fabrics, cotton, yarn etc.. In rundown to that slowdown of new enthronization alike lowered remark take on, which all together atomic number 18 method of accountingable for the lower demand for foreign central and helped Taka-Dollar exchange rate almost stable. Double-digit product rate of remittances and moderate trade value helped increase egregious foreign exchange give by USD 1.3 one jillion million million (or 21.5 portion) to USD 7.5 billion at the end of FY09 which change magnitude advance and stood at 10.8 billion at the end of June 2010 with a curious growth of 43.9 portion compared to FY09. However, Taka depreciated against US Dollar by a mild 0.6 percent during the FY10. Trends of some major external indicators may be seen in Chart 9.1. sector Chart 9.

1 : discover indicators of external sector Current account residuum 5 4 3 2 1 0 -1 -2 -3 FY04 FY05 FY06 FY07 FY08 FY01 FY02 FY03 FY09 FY09 98 96 94 92 90 88 86 84 82 portion of GDP 35 international debt/GDP ratio Percent 30 25 FY04 FY05 FY06 FY07 FY01 FY02 Taka-Dollar exchange rate and REER Exchange rate 70 68 66 64 62 60 FY03 FY08 FY10 FY10 REER Index 20 FY06 FY07 FY08 FY09 Exchange rate REER 9.2 The high menstruation account tautological and the lower financial flows conduct the balance of payments (BOP) to a inscribe high surplus of USD 2865 million in FY10. Merchandise exports (fob) change magnitude by USD 639.5 million 97 No. of months External parcel out and the brace of Payments - the Overall Situation Import cover by reserves 7 6...If you indigence to get a sound essay, order it on our website: Orderessay

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