Arab Today, arab today bangladeshs forex reserves stand at over 21bn
Last Updated : GMT 19:44:41
Arab Today, arab today
Arab Today, arab today

Bangladesh's forex reserves stand at over $21bn

Arab Today, arab today

Arab Today, arab today Bangladesh's forex reserves stand at over $21bn

Bangladesh could pay import bills of more than 6 months
Dhaka - XINHUA

Bangladesh's foreign exchange reserves stood at over 21 billion U.S. dollars at the end of July this year, the country's central bank said Sunday.
A Bangladesh Bank official, who preferred to be unnamed, said that "the country's foreign exchange reserves stood at 21,383.48 million U.S. dollars at the end of the July after reaching 21.66 million dollars at the end of June."
Bangladesh's foreign exchange reserve hit 21 billion U.S. dollars in the middle of June.
The country's foreign exchange reserves on April 10 reached the 20-billion-dollar mark for the first time, reflecting the country' s strength from the economic and financial point of view
Earlier in February this year Bangladesh's foreign exchange reserve crossed the 19-billion-dollar mark.
Bangladesh, with a population of about 153 million, needs a reserve of about 10 billion U.S. dollars to meet its import bills for three months in light of an internationally accepted standard.

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