Pressure on the foreign exchange reserves remains high as the deficit in the financial account continues to widen despite the narrowing trade gap and a current account surplus.
Bangladesh's foreign exchange reserve has fallen by nearly $120 million in the span of a week, central bank data showed.
The reserves stood at $20.96 billion on October 18
CPD Chairman Prof Rehman Sobhan says
The economist says at Sanem event
Foreign exchange reserves in Bangladesh slipped below $39 billion owing to high import payments.
Pressure on the foreign exchange reserves remains high as the deficit in the financial account continues to widen despite the narrowing trade gap and a current account surplus.
Bangladesh's foreign exchange reserve has fallen by nearly $120 million in the span of a week, central bank data showed.
The reserves stood at $20.96 billion on October 18
CPD Chairman Prof Rehman Sobhan says
The economist says at Sanem event
Foreign exchange reserves in Bangladesh slipped below $39 billion owing to high import payments.
