Dhaka, Bangladesh (BBN)– Bangladesh’s foreign exchange reserve crossed US$10 billion mark again on Monday as the inflow of foreign exchange increased, officials said.
The foreign exchange reserve rose to $10.01 billion on the day from $9.95 billion of the previous day, the central bank officials added.
“Steady growth of inward remittance and decreasing import payment have contributed to cross the forex reserve $10 billion-mark,” a senior official of the Bangladesh Bank (BB) told BBN, adding that the existing upward trend of foreign exchange reserve may continue until first week of July this year before making payment to the Asian Clearing Union (ACU).
The country’s forex reserve was $10.30 billion on May 8 last.
BBN/SSR/AD-18June12-9:40 pm (BST)