Dhaka, Bangladesh (BBN) – Bangladesh’s foreign currency reserve has marked a rise as it stood at US$10832.16 million on August 16, an increase of $450.9 million over $10381.26 million registered on July 31 this year, officials said on Friday.
The foreign exchange reserve was, however, $10920.48 million on August 16 last year, according to the central bank statistics.
Revenue collection by the National Board of Revenue (NBR) for the last fiscal was encouraging, posting nearly a 27.48 percent growth to stand at BDT 790.91 billion.
Remittance from the Bangladeshi wage earners abroad stood at $1028.14 million in July last, a growth of 19.93 per cent over $857.31 million registered in July 2010.
The country’s remittance remained buoyant in 2010-11 fiscal, registering a 6.03 per cent growth to $11650.31 million compared to $10987.40 million registered in 2009-10 fiscal. The remittance earnings for fiscal 2008-09 were $9689.26 million.
The current account balance is gradually coming out of pressure, as it stood at $995 million during the last fiscal, compared to $3724.00 million registered in fiscal 2009-10.
BBN/SSR/AD-19Aug11-2:24 pm (BST)
