The IMF has agreed to provide USD 645 mln to Bangladesh to help recover from political turmoil and rebuild foreign reserves. The new interim government, led by Nobel laureate Muhammad Yunus, had initially sought USD 750 mln in additional support, alongside the USD 4.7 bln loan secured in 2023. The Bangladesh taka has fallen over 8% in 2024, making it one of Asia’s worst-performing currencies this year, following the introduction of a crawling peg system.