Bangladesh forex reserves reach $16.15 bn in September


Dhaka, Oct 3 (IANS): Bangladesh's foreign exchange reserves reached $16.15 billion at the end of September this year, Xinhua reported Thursday citing the country's central bank.

A Bangladesh Bank official, who preferred to be unnamed, said that "the country's foreign exchange reserves stood at $16,154 billion at the end of the last month after reaching $16,250 billion at the end of August".

Bangladesh's foreign exchange reserves hit a record high of over $16 billion in August, reflecting the country's strength from the economical and financial point of view.

Earlier, in the first week of April, the reserves touched the $15-billion-mark for the first time.

The South Asian nation, with a population of about 153 million, needs a reserve of about $10 billion to meet its import bills for three months as per an internationally accepted standard.

 

  

Top Stories


Leave a Comment

Title: Bangladesh forex reserves reach $16.15 bn in September



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.