US Dollar
Dhaka, Bangladesh (BBN)-Bangladesh’s foreign (forex) exchange reserves fell significantly in July despite of close monitoring of the central bank.
The country’s forex reserve fell to US$25.92 billion on July 31 from $26.81 billion a month before as per traditional calculation of the Bangladesh Bank (BB).
As per the International Monetary Fund (IMF)’s Balance of Payments International Investment Poisson Manual-six edition, generally known as BMP6, the forex reserves dropped to $20.49 billion during the period under review from $21.79 billion a month ago, according to the central bank’s latest data, released on Thursday.
BBN/SSR/AD