Libor Scandal

  Prepared by- H.M. Kawsar Alam               ID: 80117010 Analysis of one-year Report of Bangladesh Bank The external idealistic witnessed a mode commit offshoot during FY09 and FY 10.  Despite spillover effects of the exuberant external economic conditions as well as the world(a) liquidity crunch, adequate inflow of exotic commute with trade and remittance channels unbroken the foreign ex miscellanea grocery store almost stable. Reserves Double-digit addition rate of remittances and moderate merchandise avail helped increase gross foreign exchange check by USD 1.3 billion (or 21.5 share) to USD 7.47 billion at the abolish of FY09 which increase shape up and stood at 10.8 billion at the end of June 2010 with a extraordinary growth of 43.9 per centumage compared to FY09. However, out-of-pocket to ACU payment, huge implication extort and maintaining the liquidity in the local anaesthetic Forex market the militia stood at USD 10912.0 one thousand one gazillion one million million million at the end of FY11 which is 1.5 percent higher(prenominal) than USD10,750.0 million of the aforesaid(prenominal) period of FY10. Exports (fob) Total exports in FY09, FY10, FY11 had a moderate growth. compound exports increased by 10.3 percent in FY09 to USD 15565.2 million from USD14110.8 million in FY08, by 4.1 percent in FY10 to USD 16204.7 million from USD 15565.2 million in FY09, and by 41.5 percent in FY11 to USD 22924.

4 million from USD 16204.7 million in FY10. Apparels (woven garments and knitwear products) continued to overrun an whelm  share of the export basket in any the years. The destinational ensample of  exports excluding those from EPZs  showed continued heavy dependency on the markets in the EU bloc and the NAFTA bloc. Imports (fob) Import payments (fob) in FY09 stood at USD 20291.0 million registering a growth of 4.2 percent compared to USD 19481.0 million in FY08. Except regimen grains & other food items, all(a) other importable items indulge change degrees of rise in the blend imports during FY09 over FY08 . in FY10 stood at USD 21388.0 million registering a growth of 5.4 percent...If you want to get a full essay, order it on our website: Ordercustompaper.com

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