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Fri Sep 15, 2023 11:04 AM
Last update on: Sat Sep 16, 2023 08:59 AM
Last update on: Sat Sep 16, 2023 08:59 AM
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Bangladesh’s foreign exchange reserve fell by almost $1.47 billion in a span of eight days.
According to last night’s weekly report of the Bangladesh Bank, foreign exchange reserve in the country stood at $21.71 billion as of September 13. On September 5, the number was $23.18.
The country’s foreign exchange reserve has been falling for more than a year due to higher import payments and lower than expected export earnings and remittance inflows.