01664cas a2200241 a 4500 AALejournalIMF002058 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858112 1018-5941 BD-DhAAL BD-DhAAL Hossain, Akhtar. Exchange Rate Responses to Inflation in Bangladesh / Akhtar Hossain. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the exchange rate responses to inflation in Bangladesh during the period from 1972-73 to 1999. Both annual and monthly data are used in the investigation. The results suggest that past consumer price inflation generally led to currency devaluation, measured as a decline in the value of the currency in terms of the trade-weighted nominal effective exchange rate. The effect of inflation on devaluation, however, became weaker following the financial reforms undertaken in the early 1980s. The effect of devaluation on inflation was not significant, and this result remained robust throughout the sample period. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/166 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/166/001.2002.issue-166-en.xml IMF e-Library