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Thread: Reason behind increase in USD against BDT

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    Unhappy Reason behind increase in USD against BDT

    There is a lot of talk these days about the falling value of the Bangladesh taka in terms of the US dollar. The dollar itself has been depreciating against other major global currencies. For example, between June 2010 and mid-July 2011, the dollar depreciated by 14 percent against the euro and 10 percent against the yen. So, the fall in the value of the Bangladeshi currency at a time when the dollar is weakening against the major global currencies and many other Asian currencies are appreciating against the dollar is viewed with a great deal of concern.
    Some worry that this is a reflection of a lack of confidence in the Bangladeshi economy. Others worry that depreciation will increase the already high inflation rate. At the political level, Bangladesh Bank (BB) is coming under pressure to arrest the decline in the value of the Bangladeshi currency. While the debate is understandable, simply creating political pressure on BB without analysing the underlying factors creates a risk that wrong and inconsistent policy decisions might be taken. The objective of this article is to explain the reason for the decline and provide some policy options that might help stabilise the currency without creating problems for other economic targets.
    In simple language, the exchange rate, measured as a number of units of local currency per unit of foreign currency, is the price of the foreign currency in terms of the local currency. Its inverse is the price of the local currency in terms of the foreign currency. Like any other price, the value of the foreign currency in the local market depends on its supply and demand. For simplicity, I will use the US dollar as the representative foreign currency for the Bangladesh exchange market.
    Between fiscal 2007 and fiscal 2010, the price of the dollar was nearly constant at around Tk 69 a dollar. The price started rising in 2011, reaching Tk 75 in early July 2011. As is well known, there is also a kerb market for the foreign currency where the exchange rate is more flexible than in the official market. Consequently, the price in the kerb market and its trend are a better reflection of the true foreign exchange market situation. Usually, the differential between the official price and the kerb market price is small -- around one taka. However, in periods of demand pressures the differential between the kerb market price and the official price tends to rise. Presently, the price of the dollar in the kerb market has reached Tk 78, creating an unusually large differential of Tk 3 per dollar.
    Unlike in Bangladesh, currencies in China, Thailand, Malaysia, Korea, Singapore and India are all appreciating against the US dollar -- implying that the price of the dollar is falling in these economies. For example, the price of the dollar fell from 6.8 Chinese yuan in 2010 to 6.5 yuan in July 2011. In India, the price of the dollar fell from 48.1 Indian rupees in March 2009 to 44.7 rupees in July 2011. In Thailand, the price of the dollar declined from 32.4 baht in 2010 to 30.4 baht in July 2011. The price of the dollar similarly declined in Malaysia, Korea and Singapore.
    The rising price of the dollar in Bangladesh in both the official and kerb market, along with the growing differential in the two rates, is a clear indication that demand for dollar in Bangladesh is growing much more rapidly than supply. The rise in the price of dollar is a market correction to equilibrate demand and supply. As in any market, the price should play an important role to correct market disequilibrium. So in this sense, there is nothing wrong for the price of dollar to go up in order to bring supply and demand in harmony.
    This raises three important questions. First, why is the demand for dollar growing faster than its supply? Secondly, can BB intervene and control the local price of the dollar? After all, the price was stable in 2008-10. Why can this not be done now? Thirdly, why is the price of the dollar falling in other Asian countries while it is rising in Bangladesh? The answers to these questions are inter-related and provide the analytical base for designing proper policy responses.
    Between 2008 and 2010, Bangladesh experienced a remarkable period of rapid inflow of foreign currency measured in US dollars. The main contributors were growth in export earnings and the flow of remittances. Together, these two sources provided much more dollars than were needed for import payments and foreign debt servicing.
    Consequently, Bangladesh experienced record surpluses in the current account of the balance of payments. The surplus was $2.4 billion in fiscal 2009 and $3.7 billion in fiscal 2010. Owing to these large surpluses, Bangladesh was able to finance the deficit in the capital account (around $260 million on average a year) and build up its reserve cover. Foreign reserves increased from a low of $6.1 billion in June 2008 to $10.7 billion in June 2010. Because of this very favourable supply situation relative to demand, the dollar price did not rise.
    If BB had not built up the reserve base, the excess supply of dollars would have driven down its price and the Bangladesh currency would have appreciated in nominal terms. Building up reserves was the right policy decision because the reserve cover was low (measured in months of imports). Additionally, the taka was appreciating in real terms because the inflation rate in Bangladesh was much higher than in OECD countries. An appreciation of the nominal exchange rate would have further appreciated the taka in real terms and hurt exports.
    The balance of payments situation changed dramatically in fiscal 2011. While exports of goods and services measured in nominal dollars grew even more rapidly than in the past, registering an expansion of 37 percent over the level in fiscal 2010, imports of goods and services increased at an unprecedented pace of 41 percent. As a result, the trade balance widened by 56 percent -- from $6.4 billion in fiscal 2010 to $10.0 billion in fiscal 2011. As compared to this, remittances grew modestly by 5.5 percent.
    Consequently, the large positive balances in the current account during the past few years virtually disappeared. The deficit in the capital account has also prevailed. BB initially tried to accommodate the rising demand for dollars by releasing funds from its reserve base. But it soon recognised that this surge in the growth of imports is not sustainable and must be lowered. As a first step, it let some of the pressure go the exchange market. The price of dollar started rising. This increase in the price was aimed at reducing the demand for imports and providing more incentive for exports.
    Although allowing the exchange rate to correct the excess demand pressure in the foreign currency market is a correct policy move, letting all the adjustment fall on the exchange rate may not be the right policy, especially because a drastic fall in the exchange rate would come in conflict with the objective of inflation control. A review of the underlying factors contributing to the huge growth in imports suggests that they comprise of two forces, one positive and one negative.
    The positive force constitutes demand emerging from growing real income, investment and exports. The negative force relates to demand emerging from excessively rapid growth in money supply (22 percent a year in the past two years) contributing to growing inflation (more than 10 percent on a year on year basis between June 2010 and June 2011 as compared with 3.5 percent in the USA).
    It is obvious that the correction of the excess demand in the foreign currency market must also involve actions to reduce overall demand in the economy by lowering monetary growth. A lower rate of monetary growth will reduce domestic inflation and demand for imports. Very recently, BB has taken action to reduce the rate of growth of money supply.
    The combination of a reduction in monetary growth that reduces demand by increasing the interest rate and the rising price of dollar is indeed the right policy approach in the present situation. Both policies will lower demand for imports and help stabilise the balance of payments. Indeed, the monthly import flow data suggests a downward trend in demand for imports since May 2011. Other policy actions that will help the balance of payments include policies for boosting exports, supporting the growth of remittances and the mobilisation of foreign capital. The positive role of foreign capital is illustrated by the experience of dynamic Asian economies.
    The Asian countries that have experienced an appreciation of their currencies have an overall surplus in their balance of payments, with some combination of surpluses in the current account or capital account or both. For example, China registered large surpluses in both current and capital accounts. The yuan ought to have appreciated much more rapidly due to these large net flows of foreign exchange. China instead has influenced the exchange rate by accumulating huge reserves ($3.2 trillion as of the end of June 2011) in order to preserve the incentive for exports. Indeed, this policy intervention has served China well, but has come in serious conflict with the OECD countries who argue that this policy is creating a bias against their exports.
    Malaysia, Thailand and Korea similarly have significant current account surpluses and are accumulating reserves, which explain their appreciating currencies.
    India on the other hand has a significant current account deficit but still its currency is appreciating against the dollar. The reason for this is the surplus in the capital account, owing to a huge inflow of direct foreign investment and portfolio investment, which exceeds the deficit in the current account. As a result, the total supply of foreign exchange exceeds demand.
    The experience of the Asian countries provides another policy option to manage the exchange rate -- through foreign capital flows. This policy can also reconcile the objective of securing higher investment and growth while maintaining balance of payments and exchange rate stability. Financing of infrastructure and investment in large manufacturing units through direct foreign investment is a hugely attractive policy action for Bangladesh. This will allow a financing of larger volume of imports without exerting pressure on the exchange rate.
    Over the longer term, the most important policy for preserving the value of the Bangladeshi currency is to keep inflation under control. If the inflation rate in Bangladesh continues to be substantially higher than the US inflation rate, demand for dollar will continue to exceed its supply and the price of the dollar in taka terms will continue to rise over the long term.

    This is illustrated by the fact that the taka depreciated against the dollar by about 4 percent a year on average over the past 21 years, between 1990 and 2011. During the same period, the average inflation rate in Bangladesh was 6.1 percent as compared with an US inflation rate of 2.8. Much of the long-term depreciation of the Bangladeshi currency is explained by a substantially higher inflation rate in Bangladesh, compared to the US inflation rate.

    The writer is the vice chairman of Policy Research Institute of Bangladesh. He can be reached at [email protected]
    Is there going to be a decrease or stable position for the price of dollar in near future????
    Last edited by CvP; January 30th, 2012 at 17:58.

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    nice try AL fan.

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    Quote Originally Posted by arefinzz View Post
    [/h] Is there going to be a decrease or stable position for the price of dollar in near future????
    It will but not now. In my experience, the value of BDT against USD will start to appreciate after 2013. AL Chairman is importing goods like crazy.

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    The price of dollar increase is simply a natural phenomena when Inflation increases but the this massive increase in import acting as extra fuel to push up $ price even further.

    I'm wondering whether Indian currency is also appreciating at same rate against Taka or not.

    $ price is simply not falling in near future. So, PC enthusiasts are better off buying their stuff from countries where the local currencies are appreciating against dollar such as India,Malaysia,China,Singapore while assuming the fact that currencies of these countries are not appreciating against BDT as much as US $.
    Last edited by minitt; January 30th, 2012 at 17:44.

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    Eto lomba korar kidorkar?
    Reasons behind this are 3. Corruption ,corruption and corruption....
    Durniti off koruk, ami garantee dissi , dollar er dam khali stataic kobe na, kome 30-40taka hoe jabe....

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    Quote Originally Posted by solid snake View Post
    nice try AL fan.
    This is not how you comment on an article with numbers and logics. Either disprove it with your logic/numbers/facts etc or don't comment.

    Before anyone says anything, I simply do not have enough finance/economics knowledge to comment except that the import rate has indeed gone up a lot. You can feel this around you everyday...if you just look for it.

    I heard Samsung (and a few other electronics companies) wanted to create plants in BD. These would have really helped our economy. Alas, they went elsewhere cause of mandatory bribes.
    The abuse of greatness is when it disjoins remorse from power.
    Please do not PM me for support. You will NOT get a reply. Post in the relevant forum section.

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    Quote Originally Posted by CvP View Post
    I heard Samsung (and a few other electronics companies) wanted to create plants in BD. These would have really helped our economy. Alas, they went elsewhere cause of mandatory bribes.
    lol..amar fupa bd te first internet er line ante nisilo onek din age...tokhon permission nite giye office er waiting room e boshche...tokhon minister er PS eshe bolse 30% dite raji asen toh?..nahole sir dekha korbe na....shuneo nai ki proposal niye gesilo amar fupa! lol ...amader country te ei bribe gular jonno beshi development e barrier ashtese...kobo je thik hobe eita.
    when god created me, he was just showing off..!!!

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    Quote Originally Posted by CvP View Post
    This is not how you comment on an article with numbers and logics. Either disprove it with your logic/numbers/facts etc or don't comment.
    ami to boli nai article er logic gula vul. but takar maan komar pisone eigula main karon na. world economy er jonno takar maan kombe thik ase , but ato komar reason ektai , durniti. ei sob logic , number diye ki bujaite chay oi arther , desher economy thik ase. jisisher daam bara thik ase ? eisob hoitase manush jonke vujun deyar tal bahana.



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    Quote Originally Posted by solid snake View Post
    ami to boli nai article er logic gula vul. but takar maan komar pisone eigula main karon na. world economy er jonno takar maan kombe thik ase , but ato komar reason ektai , durniti. ei sob logic , number diye ki bujaite chay oi arther , desher economy thik ase. jisisher daam bara thik ase ? eisob hoitase manush jonke vujun deyar tal bahana.


    i think you should read about economy more and then comment. corruption is a barrier but certainly it is not the reason behind the depreciation. you are getting lots of electricity now a days and all the electricity are produced by petrolium based power generators. so obviously bangladesh has a more demand of petrolium and this the thing you have to buy on international price whether you like it or not. the price at which you are buying petrol or diesel in bangladesh is not the actual price. government subsidizes it. i know you all know these facts but just wanted to remind you. and dont blame corruption. it starts from home and not easy to get rid of.

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    Quote Originally Posted by codename5302 View Post
    i think you should read about economy more and then comment. corruption is a barrier but certainly it is not the reason behind the depreciation. you are getting lots of electricity now a days and all the electricity are produced by petrolium based power generators. so obviously bangladesh has a more demand of petrolium and this the thing you have to buy on international price whether you like it or not. the price at which you are buying petrol or diesel in bangladesh is not the actual price. government subsidizes it. i know you all know these facts but just wanted to remind you. and dont blame corruption. it starts from home and not easy to get rid of.
    don't blame corruption??what if government gives those 'power project' to a 'special company' without any tender, out of corruption??ki hobe jodi, 'authorized person' ra abroad theke 2number jinish kine govment er taka die, ar baki dollar gula oder international-bank-account e pathae?ki hoe jodi, govment bb er loan, bb tei taka chhapae shodh kore?ki hoe jodi businessmen der adequate security na dite pare?production kome jae nah? export kome jae nah?ki hoe jodi syndicate kore /corruption kore jinish er dam barae dile??production cost bere jae nah?ki hoe jodi, ashepasher country?? theke dui number products bina shulko/ nammatro shulke ene desh soilab korle? deshi ponno gular bazardor kome jae nah? ultimately, oi product gular factory bondho hoe jae.ar "quick rental'' powerplant sara ar ki kono upae e dekhe nah shorkar biddut production er jonno??????? ??

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    Quote Originally Posted by Mohiuddin View Post
    don't blame corruption??what if government gives those 'power project' to a 'special company' without any tender, out of corruption??ki hobe jodi, 'authorized person' ra abroad theke 2number jinish kine govment er taka die, ar baki dollar gula oder international-bank-account e pathae?ki hoe jodi, govment bb er loan, bb tei taka chhapae shodh kore?ki hoe jodi businessmen der adequate security na dite pare?production kome jae nah? export kome jae nah?ki hoe jodi syndicate kore /corruption kore jinish er dam barae dile??production cost bere jae nah?ki hoe jodi, ashepasher country?? theke dui number products bina shulko/ nammatro shulke ene desh soilab korle? deshi ponno gular bazardor kome jae nah? ultimately, oi product gular factory bondho hoe jae.ar "quick rental'' powerplant sara ar ki kono upae e dekhe nah shorkar biddut production er jonno??????? ??
    you didnt understand what i meant to say. corruption starts at home. it is enevitable. you shout "corruption corrupion" but in reality whenever you get a chance you wont mind taking chance. there is no point blaming it. (i am nor personally pointing you just metaphor)
    government has given a lot of tenders to internationally well known companies as well to produce electricity. i think you have no idea how much electricity costs. here where i am living electricity costs around 10-15 pence/unit (around 15-20taka/ unit). now if are producing electricity by private companies with no resources of yourself what should the electricity cost? UK has constant electricity and produces 344,700,000 MW-h/ year. even though they have nuclear energy and other sources the cost is so high. whereas our country has nothing and you are getting electricity almost cheap as water. you use gas whole month but have to pay only small amount of 400-500 taka which is nothing. now THINK if you had to pay on international rate then whom do you blame? and you are talking about industry of our companies. most of our foreign reserve is used to buy oil, food grains and luxury goods. we dont produce a lot of things which is inertnational standardised and we can export (except garments, leather etc.)

    i hope i explained myself.

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    Quote Originally Posted by CvP View Post
    I heard Samsung wanted to create plants in BD
    Yep that would really help bd economy.Besides that would encourage some other big multinational companies to open their factories in bd.But samsung demanded a huge land in EPZ area which was really impossible for bd authority to provide that type of huge land in that area.Bd offered them much less land but samsung did't agree.After all they are buissnes company and alaways want to gain.
    Last edited by Gladiator'; January 31st, 2012 at 00:38.

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    Quote Originally Posted by codename5302 View Post
    you didnt understand what i meant to say. corruption starts at home. it is enevitable. you shout "corruption corrupion" but in reality whenever you get a chance you wont mind taking chance. there is no point blaming it. (i am nor personally pointing you just metaphor)government has given a lot of tenders to internationally well known companies as well to produce electricity. i think you have no idea how much electricity costs. here where i am living electricity costs around 10-15 pence/unit (around 15-20taka/ unit). now if are producing electricity by private companies with no resources of yourself what should the electricity cost? UK has constant electricity and produces 344,700,000 MW-h/ year. even though they have nuclear energy and other sources the cost is so high. whereas our country has nothing and you are getting electricity almost cheap as water. you use gas whole month but have to pay only small amount of 400-500 taka which is nothing. now THINK if you had to pay on international rate then whom do you blame? and you are talking about industry of our companies. most of our foreign reserve is used to buy oil, food grains and luxury goods. we dont produce a lot of things which is inertnational standardised and we can export (except garments, leather etc.) i hope i explained myself.
    what's the point? corruption/govnment ke na blame kore kake blame korte bolen? amader? naki smugglers, dakat, ghusshkhor....... eder? taile govnment er kaj ki? ar abroad e biddut er dem?? okhane income dekhen ar ekhane income dekhen. khali cost tai dekhben? income dekhbennah? ekhane per patient vist koto ar abroad e koto? ekhane ekta garments worker er per day income hishab koren.i must say, dollar=price er eto sky rocketing er mule corruption, it's the main culprit to make our already-labile-economy more unstable, and the ultimate result is 85+ taka per dollar.

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    first of all blame yourself. think of what corruption you have done by yourself until now.

    government er kaj obosshoi govern kora abong durniti thakbei. eta to aar ekdine toiri hoy nai aar ek dineo jabe na. khali onner upor dosh na chapaya nijer theke ki kora jay eta thik koren. durniti ke amrai prosroy dei. amrai kori. eta amader nature. amader population onek. eto loker jonno subidha deya kono governmen er pokkei somvob na. ajke electricity na thakle apnara chilla chilli korben, oidike electricity na thakle krishok ra foshol folate parbe na. abar foshol na hoile khabarer daam barle tokhon abar chilla chilli korben. it's a vicious cycle. better than blaming, think how you can contribute to the economy and society. remember we are a poor nation. we have over 25% population living under extreme poverty. it's a real luxury talking about dollar/ taka rate, ivybridge, haswell, latest aston martin/ ferrari etc. if we cant make out base strong enough we will fall.

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    Bd te garment sara export er ar kono ponno nai.Adike amader onek kisu import korte hoi foreign currency die.Govt doller die furnes oil kine ta die electricity produce kore onek kom dame sell kore.Er pisone onek doller opochoy hoi.Edike abar ARAB desh theke doller asa kone gese.Kintu doller er chahida kome nai.Chahida ase kintu jogan nai doller er dam to baraei.Totaly agree with codemame bro.Durniti role play kortese kintu main role na.
    Last edited by Gladiator'; January 31st, 2012 at 01:36.

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    Let's keep things under control guys. No one here is an experienced economist do lets not blame everything on somebody else, oita murkho set kaj Dosh amader government er to asei, amader I ase for putting them in power. But amrao ki otoi bhalo? Share er price fall korlei rastai bhangchur shuru kore dei, forcing a government intervention and bailout. Not saying that's it wasn't needed but definitely not needed as frequent.Akhon Ato corruption er majhe dhuke gesi je next 10 years ber hoite parbona, but constant effort needs to be there. So make sure you do your part and vote in the right people. Blame game e kokhonoi kono labh hoi na.

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    Quote Originally Posted by aayman View Post
    Dosh amader government er to asei,
    Bro,its true.But it is also true that it is very easy to say that govt is doing rong.But is there anybody(party) who can say what could be done.If we don't get electricity we will attack local electricity distributer and say what the hell is govt doing and if we get proper electricity we will say that govt is producing electricity with furnes oil which is increasing doller price.Heh we (including me)only see the negetive part of a work
    Last edited by Gladiator'; January 31st, 2012 at 02:30.

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    Quote Originally Posted by codename5302 View Post
    first of all blame yourself. think of what corruption you have done by yourself until now. government er kaj obosshoi govern kora abong durniti thakbei. eta to aar ekdine toiri hoy nai aar ek dineo jabe na. khali onner upor dosh na chapaya nijer theke ki kora jay eta thik koren. durniti ke amrai prosroy dei. amrai kori. eta amader nature. amader population onek. eto loker jonno subidha deya kono governmen er pokkei somvob na. ajke electricity na thakle apnara chilla chilli korben, oidike electricity na thakle krishok ra foshol folate parbe na. abar foshol na hoile khabarer daam barle tokhon abar chilla chilli korben. it's a vicious cycle. better than blaming, think how you can contribute to the economy and society. remember we are a poor nation. we have over 25% population living under extreme poverty. it's a real luxury talking about dollar/ taka rate, ivybridge, haswell, latest aston martin/ ferrari etc. if we cant make out base strong enough we will fall.
    khub valo kotha bolsen. Blame myself,.People er dosh , era dui netri sara ar kao ke govtment banaite pare nah.Isn't it our right to point out the flaws of gvment?Why the hell, while doing that, u r asking me to blame myself?Apne koilen, corruption ke blame dia lav nai, taile ki bolte chan public er karone mullosfiti hoitese?? Koekjon provabshali lok jokhon share bazar theke taka tan dia nei, 70lakh taka ekbare harae ekjon lok kono upae na dekhe atto hotta kore, tokhon ki oilok take blame diben ei lokshan er jonno? Bidesh theke bujtesen na what's going on.Ajke abar khobore shunlam, amader pororashtra montri bolse, bonna thekaite naki india tipai mukh badh banaitese. Ekhon bolen blame kare dibo?Corruption hobei, ei phaul kotha bole lavv nai. Govment check dile must corruption kombe.Ar apne koilen, dosh onner upor chapae dao ken. Are amader govment ki onno keo?? Govment er ki kora uchit, eta bola kono onnaer kaj nah.Ajob kotha shunlam, govtment er corruption e dollar-price increase er karon, eta bollam, ar apne bollen, ami ke corruption korsi, oita age dekhte. Lol...no offense bhai, but apner ki matha thik ase?

    ---------- Post added at 01:49 ---------- Previous post was at 01:25 ----------

    Ar population beshi, etate lav/khoti duitai ase. Ar electricity je dite hobe nah, eita nah.
    Govment (both) failing again and again even at keeping powerproduction at static level. Why? Powerplants are falling down. Why ? Corruption. Govt don't encourage alternate way of power production. Why? Corruption er chance kom.
    Ar eshob bepare kotha bole toh ar lav nai, amader pechal e toh ar dollar er dam kombe nah.
    Kintu amar kharap lage, etto etto kisu dekhar poro kivabe apnare eshob kotha bolen? ..allae jane.

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    first of all, come to the point of share market. what do you think of share market? is it a money making factory? ailam taka khatailam aar taka uthaya niya gelam? finance minster ki aage sabdhan kore nai je share market volatile position a achhe? simahin lov!!!! kom somoye poisha banamu!!! aare eto soja hoile to top world country er lok to takar upore vasto???

    corruption er bepare abaro boli eta thakbei. amader chesta korte hobe komaya aana. electioner somoy vote diben to bnp noileb al somorthito nominate kei naki? ajke ekta gorib lokke ekta lungi, 200 taka dile kalke joynal hazari er moto lok ke vote diya asbe. to dosh kake diben? joynal hajari ke naki nijeke?

    amar matha alhamdulilah thik achhe. apnader tai beshi chinta korte korte kharap hoyar moto hoichhe. government er fault to dhorben i. etai savabik. kintu nije thekeo chesta korte hobe. sob government er upor chapaya dile hobe? ajke dollarrate barar karone apnar computer er price bara niya chinta hochhe. koto loker khawa niya tanatani portechhe, eta chinta koren?

    corruption ghor thekei suru hoy!! khoj niya dekhen apnar amar koto attio koto rokom corruption er sathe jorito. parben egula thekate? nijer ghorer ta jodi thekate paren taile desher tao parben. (it was not meant for you personally).

    hudai khechal korlam. mind koiren na vai.

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    codename , apnar theory ami bujlam na. why do i have to blame myself ? well i don't about your family , but my family is honest , and lives on honest income. so sobaike ato sohoje durnitibaj tokma diye deben na. ar yes durniti ki kori na ? kori , ei jay gay sei jay gay 100 -500 taka guss dei. ar arekdol durnitibaaz ase , jara desher hazar hazar koti taka mere khasse. amra ei choto khato durniti kori cause amra osohay , guss na diye onek kaj e aj kal hoy na. ar oi durnitibaaz ra amamder ei weakneas ke kaje lagaye hazar koti taka kammase. so amake oi milioniar durnitibaaz der sathe melaben na. apnner ghor thike corruption suru hoy kina jani na. but sobar ghor ato corroupted na. hate gona ek class er manush ee durnitir 90% eka kore. tader bondo korte parleo deshe onek shanti asbe.

    sharemarket a lovi jara tara loss khaise thik,cause tader share bazar somporke kono idea nai. but ekdhol gambler je ei noob der baas mere koto taka hataye nilo seita ki kono dosh na.sob dosh ki lovi jonogoner?

    say manush taka niye joynal hazari ke vote dey thik ase, but ate ki dosh khali oi jonogoner? joynal hazarir moto godfatherra age durniti kore borolok hoy then , vote kine ney. shudu jonogoner e dosh diben , joynal hazari er ki kono dosh nai. AL sorkar jemne sere dilo mone to tai e hoy.

    well dosh sobar e ase. kaj o sobar e korte hobe. eikhane boshe kada sorasuri korle kono love nai. ate mone hoy na USD er value kombe. and beside i think we all got trolled by arefinzz . post diye akhon moja dektese.

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