Dhaka, Feb. 25 -- Bangladesh's economy has gradually been recovering from political instability and a banking loan scam, according to a review by the Metropolitan Chamber of Commerce and Industry (MCCI).
"Exports posted robust growth during the period as did the earnings from remittance inflows. The slide experienced by the foreign exchange reserves was halted, and the exchange rate of Bangladeshi Taka (BDT) against US dollars stabilised, although some volatility in the reserve position continues to persist," said the review.
Improved trade and current account balance, along with the overall balance of payments situation, have allowed for some easing of import restrictions.
The economy as a whole has been moving towards macroeconomic s...
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