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. 001 billion on Tuesday from $31.96 billion of the previous working day, according to the central bank latest statistics, released on Wednesday.
The forex reserve was $32.02 billion on December 22, 2016. It was $32.05 on November 3 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 BBN in Dhaka.
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.