Bangladesh’s forex reserve crosses $33bn again

Last updated: October 6, 2017

US Dollar File photo

Dhaka, Bangladesh (BBN) - Bangladesh’s foreign exchange (forex) reserve crossed the US$33 billion-mark again on Thursday after receiving funds from development partners.

The reserve rose to $33.11 billion on the day from $32.90 billion of the previous working day, according to the central bank’s latest statistics.

Earlier on June 22 this year, the reserve reached $33.01 billion.

Talking to BBN, a senior official of the Bangladesh Bank (BB) said the country’s reserve has crossed the $33 billion-mark again after receiving a $126 million fund from the World Bank and the JICA against different projects.

Bangladesh will be able to settle eight months’ import bills with the existing reserve, he added.

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