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Frozen Foods Exporters hail devaluation |
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August 13, 2000
Dhaka (UNB) – Bangladesh Frozen Foods Exporters Association (BFFEA) has hailed devaluation of taka against US dollar with a hope that it would help boost exports and foreign currency reserve. The association termed the latest decision of devaluation timely, realistic and a positive step to stop smuggling of dollars from the country. “The devaluation will balance the country’s export trade with the neighbouring competitor countries,” BFFEA president Kazi Shahnewaz said in a statement yesterday (Saturday). |