Currency depreciation and balance of payments
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Dhaka, Oct. 15 -- Bangladesh's balance of payments (BoP) captures the transactions between Bangladeshi residents and the rest of the world in a given period of time. Residents are defined broadly to include people who live in Bangladesh, engaged in businesses and other organisations that operate in Bangladesh.
Balance of payments divides transactions into two broad accounts: current account (CA) and combined capital and financial account (CFA). In essence, the current account captures the net flow of money that results from Bangladeshis engaged in international trade, while the combined capital and financial accounts capture Bangladesh's net change in ownership of assets and liabilities. These broad accounts are often referred to as the ...
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