Forex reserves cross $25 billion, highest ever
Foreign exchange reserves in Bangladesh have exceeded $25 billion for the first time.
The reserves reached $25.02 billion on Thursday. Bangladesh Bank General Manager Kazi Saidur Rahman told reporters about the highest ever reserve achieved by Bangladesh.
“The forex reserves are in a strong situation due to a stable growth in export earnings and remittance”, said the head of the central bank’s Forex Reserve and Treasury Management Division Sadiur Rahman.
Currently the reserves are enough to pay import bills for the next seven months.