The Reason Behind Dollar Rate Increase

  • 972
  • 309

When it comes to assessing the Dollar rate of Southeast Asian countries, it seems to be increasing on a regular basis. From the time of independence till now the dollar rate has risen 15-20 times of its initial value. During the time of Bangladesh’s independence in 1972, $1 was equal to 7.7Taka and in the case of India in 1947 $1 was equal to approximately 4rupees. But when we look at the current dollar rate according to Bangladeshi currency $1 equals 120Taka and in the case of Indian currency, $1 equals 80rupees. So, what is the reason behind the rapid