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Business Insider Bangladesh

Forex reserves cross $30 billion again

BI Report || BusinessInsider

Published: 19:16, 10 May 2023  
Forex reserves cross $30 billion again

Photo: Collected

Bangladesh's foreign exchange reserves have once again increased to $30.35 billion which was $29.78 billion just a day ago, according to the Bangladesh Bank (BB).

“The country's foreign exchange increased to $30.35 billion. Bangladesh received $507 million as budget support from the World Bank,” Mezbaul Haque spokesperson of the BB said on Wednesday.

The forex reserve was $29.78 billion on Tuesday.

The country’s foreign exchange reserves came down to $29 billion mark earlier this month as the Bangladesh Bank cleared import bills of $1.18 billion to the Asian Clearing Union (ACU), reports BSS.