Bangladesh’s foreign exchange reserves hit a record $27.49 billion at the end of December, the central bank said on Sunday, fuelled by steady exports and remittances.
The slower pace of import growth, on the back of a fall in global commodities prices, also helped boost reserves about 23 per cent over the corresponding period of last year.
The reserves are sufficient to cover seven months of imports.
Bangladesh’s exports in July-November, the first five months of t ..
Source: EconomicTimes
