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Forex reserve exceeds $41 billion

Dhaka, Sunday


24 November 2024


Business Insider Bangladesh

Forex reserve exceeds $41 billion

BI Report || BusinessInsider

Published: 21:19, 31 October 2020   Update: 23:56, 31 October 2020
Forex reserve exceeds $41 billion

Dhaka (Oct 31, 2020): The foreign exchange reserve has crossed the $41 billion-mark for the first time in Bangladesh riding on inflow of inward remittances and export receipts.

Forex reserves stood at $41,120 million as of Thursday, according to Bangladesh Bank.  

Sirajul Islam, executive director and the spokesperson of the central bank, said the reserve is increasing due to a rise in inward remittances amid the pandemic.