Bangladesh's foreign exchange reserves: A comparative study with key South Asian economies
Dr. Masud Rana
The study focuses on analyzing the dynamics of foreign exchange reserves in four South Asian countries: Bangladesh, India, Pakistan, and Sri Lanka, over a span of 23 years from 2000 to 2023. The study uses a comparative research design, utilizing secondary data from reputable sources such as the International Monetary Fund (IMF), the World Bank, and the central banks of the respective countries. This ensures the reliability and credibility of the data used in the analysis. The study incorporates qualitative insights from policy documents and literature reviews, in addition to quantitative analysis, to provide a comprehensive understanding of the factors influencing foreign exchange reserves in the region. This qualitative data helps in contextualizing the quantitative findings and drawing meaningful conclusions. The analysis's findings reveal significant growth in foreign exchange reserves throughout the region, indicating economic progress. However, there are variations in the levels of volatility and stability among the four countries, highlighting the diverse economic landscapes in South Asia. The findings of the study offer valuable insights for policymakers, stakeholders, and researchers interested in managing foreign exchange reserves in Bangladesh. By understanding the trends and patterns identified in the analysis, policymakers can make informed decisions to enhance economic stability and growth in Bangladesh.
Dr. Masud Rana. Bangladesh's foreign exchange reserves: A comparative study with key South Asian economies. Int J Foreign Trade Int Bus 2024;6(1):80-85. DOI: 10.33545/26633140.2024.v6.i1a.105