scispace - formally typeset
Search or ask a question

How has the volatility in the exchange rates affected the shipping industry in Bangladesh? 


Best insight from top research papers

The impact of exchange rate volatility on the shipping industry in Bangladesh has not been directly addressed in the abstracts provided. However, the abstracts do discuss the impact of exchange rate volatility on trade and the economy of Bangladesh. It is possible to infer that the shipping industry, being a key component of international trade, would be affected by exchange rate volatility. Exchange rate volatility can create risks and uncertainties for exporters and importers, which may impact their decisions regarding shipping goods. Additionally, exchange rate volatility can affect the overall macroeconomic variables of the country, which in turn can have indirect effects on the shipping industry. Therefore, it can be concluded that exchange rate volatility may have implications for the shipping industry in Bangladesh, but further research is needed to determine the specific nature and extent of these effects.

Answers from top 4 papers

More filters
Papers (4)Insight
The provided paper does not mention anything about the impact of exchange rate volatility on the shipping industry in Bangladesh.
The provided paper does not mention the impact of exchange rate volatility on the shipping industry in Bangladesh.
The provided paper does not mention anything about the impact of exchange rate volatility on the shipping industry in Bangladesh.
The provided paper does not mention the impact of exchange rate volatility on the shipping industry in Bangladesh.

Related Questions

How Fishery financing impact on export and import of Bangladesh?5 answersFishery financing in Bangladesh significantly impacts the country's export and import dynamics. Bangladesh's fisheries sector is a vital component of its economy, contributing to both domestic protein consumption and export earnings. The fisheries sector, including marine fisheries and aquaculture, plays a crucial role in the country's economic development. The marine fisheries and seafood export of Bangladesh are influenced by various factors such as regional trade agreements and food safety standards. However, challenges like environmental and social impacts from shrimp farming hinder sustainable development in the sector. Despite these challenges, Bangladesh's fisheries industry continues to grow, with significant contributions to the country's GDP, employment generation, and export revenues. Proper financing and management practices in the fishery sector can further enhance Bangladesh's position in the global fish trade market.
How marine poution at the Bay of Bengal affect the economy of Bangladesh?5 answersMarine pollution in the Bay of Bengal significantly impacts the economy of Bangladesh. The country, with its strategic focus on the Blue Economy, faces challenges due to pollution affecting aquatic ecosystems and fisheries. Land-based marine pollution (LMP) poses a threat to the marine environment, necessitating national policies for control. Harmful algal blooms (HABs) in the Bay of Bengal, exacerbated by pollution and eutrophication, disrupt fisheries and aquaculture, affecting coastal livelihoods and economic growth. Proper research on harmful algae and biotoxins is crucial to mitigate adverse effects on marine resources and economic activities in the region. Sustainable blue economic development in Bangladesh requires strong marine policies, ocean governance, and a focus on conservation to harness the country's potential for advanced status by 2041.
How does exchange rate volatility affect bank capital?5 answersExchange rate volatility can significantly impact bank capital. Research indicates that in Nigeria, fluctuating exchange rates can lead to higher levels of bad loans, affecting a bank's ability to manage loans effectively. Moreover, in developing economies, including Nigeria, exchange rate volatility negatively affects capital inflows, particularly foreign portfolio investment (FPI), emphasizing the importance of stable exchange rates for attracting capital. Additionally, in small financial markets like Slovenia, internal models for capital charge calculations must embed all features of financial markets to ensure accuracy, highlighting the need to consider exchange rate volatility in risk assessment. Overall, stable exchange rates are crucial for maintaining bank performance and capital adequacy in the face of exchange rate fluctuations.
How does the implementation of efficient shipping management practices affect the GDP growth rate of Bangladesh?5 answersThe implementation of efficient shipping management practices has a significant impact on the GDP growth rate of Bangladesh. Studies have shown that the efficiency level of ports, such as Chittagong Port, which is the principal seaport of Bangladesh, has a direct influence on the performance of supply chain operations and ultimately on the country's GDP growth rate. Additionally, the shipping industry plays a crucial role in Bangladesh's international trade, with a remarkable volume of trade being sea-borne. Therefore, the efficiency of shipping firms, as well as the implementation of sustainable practices in the supply chain of global shipping industries, are important factors that contribute to the economic growth of the country. By improving port efficiency, implementing corporate governance policies, and focusing on factors such as gross national income, remittance received, and export and import merchandise, Bangladesh can enhance its economic growth rate.
How does marketing play a key role in the Bangladesh's marine industry?5 answersMarketing plays a key role in the marine industry of Bangladesh. The marketing and trading of fish in local markets have been studied to understand the marketing channels and participants. The study revealed that there are multiple intermediaries involved in the marketing process, and the marketing margin for intermediaries ranges from 6-9%. The marketing system of marine fish in Bangladesh is still underdeveloped and faces various challenges such as post-harvest losses and poor physical facilities. However, the demand for fish is growing rapidly, especially in the aquaculture subsector, which is driving changes in both supply and demand. The marine fisheries and seafood export of Bangladesh are influenced by factors such as regional trade agreements and food safety standards. The marketing system of fish in Bogura district is mainly maintained by the private sector, but there are concerns about transport costs, inadequate supply of ice, and lack of institutional support.
Can India influence price in Bangladesh?3 answersYes, India can influence prices in Bangladesh. The analysis conducted by Dorosh and Rashidshows that when India sharply curtailed rice exports in 2007, rice prices surged in Bangladesh. Model simulations suggest that a small increase in private consumer stocks and additional rice distribution could have stabilized prices during that period. Additionally, Ullah and Uddinfound a long-term relationship between Indian growth and the growth of Bangladesh, indicating that Indian growth has a statistically significant effect on Bangladesh's growth. These findings suggest that India's actions and economic performance can have an impact on prices and economic conditions in Bangladesh.