Forex reserve hits record $45.46 billion...

Dhaka, Saturday   24 July 2021

Forex reserve hits record $45.46 billion

 Staff Correspondent daily-bangladesh.com

 Published: 06:34 PM, 19 June 2021  

Forex reserve hits record $45.46 billion

Forex reserve hits record $45.46 billion

Bangladesh has an upward trend in foreign exchange reserves when the developed countries of the world are economically distressed due to coronavirus pandemic. The country's foreign exchange reserves hit a new record of $45.46 billion thanks to an upward trend of remittance and lower import payments.

According to Bangladesh Bank, the country's reserve record on June 17 was $45.46 billion. Which is 3,86,000 crores in BDT (Tk 85 per dollar). This number is higher than ever before.

As of June 17 this year, reserves had increased by 26.15 percent or 9.42 billion. At the beginning of the fiscal year 2020-21, June 30, which was $36.03 billion.

According to the Bangladesh Bank, the country's reserves crossed $45 billion marks for the first time on May 3, 2021. On the same day, the reserves increased to $45.10 billion. On February 24 this year, the reserve was $44.02 billion. Earlier, the reserves had crossed $43 billion on December 30, $42 billion on December 15, and $41 billion on October 28. In October 2020, the country's reserves exceeded $40 billion mark.

DailyBangladesh/SA