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JICA-loans

Rising dollar pushes up development project costs
Rising dollar pushes up development project costs
The US dollar was worth Tk 85 in Bangladesh just a few years ago. In other words, one US dollar could be exchanged for Tk 85. However, the exchange rate has changed over time. As of Monday night, one dollar was trading at Tk 124.34. As a result, the estimated costs of ongoing development projects that were undertaken three to five years ago are no longer the same. It has become impossible to complete these projects within the estimated budgets or the costs projected in their tender docum...
Economy•03 November 2026