Bangladesh’s forex reserve crosses $32b again

Last updated: March 21, 2017

Dhaka, Bangladesh (BBN)- Bangladesh’s foreign exchange (forex) reserve has crossed the US$32 billion-mark again following exchange gain from different currencies, officials said.
The forex reserve rose to $32. 02 billion on Tuesday from $31.91 billion of the previous working day, they added.
The forex reserve was $32.001 billion on February 14, 2017. It was $32.02 on December 22 last year.
“Our forex reserve has crossed the $32 billion-mark again mainly due to exchange gains,” a senior official of the Bangladesh Bank (BB) told the BBN in Dhaka Tuesday.
He also said the country will be able to settle more than eight months import bills with the existing forex reserve.
Bangladesh holds its forex reserve with different currencies including US dollar and Euro.
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