After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29
Bangladesh Bank today sat with five leading private commercial banks
Thanks to higher inflow of remittances for Eid-ul-Azha
Bangladesh Bank says
Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves.
Finance Minister AHM Mustafa Kamal today in his budget speech hoped that the ongoing stress in the foreign exchange reserves would improve in a short period of time.
The proposition that Bangladesh will move away from the US dollar-based payment settlement to a new international payment settlement is of no economic substance.
After remaining above the $20 billion mark for just three days, Bangladesh's foreign currency reserves dropped to $18.46 billion after the country paid its regional import bills on October 9.
Reserves hit $19.53 billion on June 19, up from $19.21 billion on June 12
The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29
Bangladesh Bank today sat with five leading private commercial banks
Thanks to higher inflow of remittances for Eid-ul-Azha
Bangladesh Bank says
Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves.
Finance Minister AHM Mustafa Kamal today in his budget speech hoped that the ongoing stress in the foreign exchange reserves would improve in a short period of time.
The proposition that Bangladesh will move away from the US dollar-based payment settlement to a new international payment settlement is of no economic substance.
The multilateral lender says in its latest regional economic update
