Bangladesh forex reserves cross $46 billion
Published 11:52 pm | June 29, 2021
According to data from the Bangladesh Bank, the reserves stood at $46.082 billion as of June 28.
From June 1 to 28 this year, $1.75 billion remittances came to the country, which was $1.65 billion in the same period of last year.
The growth of the reserves from July 1 last year to June 28 this year went up by 36.40 per cent to $24.589 billion in compared to the same period of the previous year.
It was $18.031 billion from July 1, 2019 to June 28, 2020, the central bank data shows.
The foreign exchange reserves had earlier set a new record of $45.1 billion on May 3 this year.
Central bank officials said the reserves are increasing as the foreign exchange coming into the country is not being spent on importing goods.
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