Search results
Results from the WOW.Com Content Network
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 February 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [29]
Regional headquarters of many multi-national institutions such as GlaxoSmithKline, HeidelbergCement, Reckitt Benckiser, HSBC, British American Tobacco and Nestlé are also located in Dhaka. Dhaka Stock Exchange is the largest stock exchange in Bangladesh, and third largest in South Asia with a market capitalization of $72.1 billion. [5]
The Pakistani rupee also bore the word taka on official notes and coins. Bangla was one of the two national languages of the Pakistan union between 1956 and 1971 (the other being Urdu). The Bangladeshi taka came into existence since 1972, a year after the independence of the eastern wing of the union, as the independent nation of Bangladesh .
The market was set up 1954 as a shopping complex, to cater to the needs of the people from the residential areas of University of Dhaka, Azimpur, Ramna and Dhanmondi. [1] Construction began in 1952, on 35 acres of land during the tenure of Nurul Amin as the Chief Minister of East Bengal. [2] Construction ended in 1954. [2]
Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial. [citation needed] The two countries are both founding members of SAARC, as well as members of the Developing 8 Countries, the OIC and the Commonwealth of Nations.
The market, which has 1,200 shops, [7] sells a variety of products including clothes, jewellery and shoes. It is popular for buying and selling products on the occasion of Eid. [8] The incident of Eve teasing in the market on March 24, 2018 was criticized in the country. [9] On October 21, 2020, a building of Chandni Chowk caught fire. [10]
The three-storey building, initially named Liberty, [4] served as Dhaka's first modern air-conditioned theatre and became a prominent cultural and entertainment centre in the 1950s and 1960s, showcasing films from both East Pakistan and West Pakistan. Additionally, the area was renowned for a Mughal-era cannon. However, the cinema hall was ...