Regulatory incentives fail to stem foreign capital flight in August - The Business Standard
Regulatory incentives fail to stem foreign capital flight in August - The Business Standard
Source: The Business Standard
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DW NOTE
Bangladesh's central bank spent the summer handing out regulatory candy to keep dollar inflows stable. August showed the incentives didn't work. When your currency is losing ground and your forex reserves are under pressure, tweaking the rules around repatriation doesn't address the underlying question: why would foreign capital stay when the macroeconomic fundamentals argue for exit?