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Bangladesh’s forex reserves slip below $39b

Mon Sep 5, 2022 02:03 PM
Last update on: Mon Sep 5, 2022 03:43 PM

Star Business Report

Mon Sep 5, 2022 02:03 PM Last update on: Mon Sep 5, 2022 03:43 PM

Foreign exchange reserves in Bangladesh slipped below $39 billion owing to high import payments.

On Sunday, the country's foreign currency reserves stood at $38.91 billion, according to data from the Bangladesh Bank.

It stood at $48 billion on August 24 last year.

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