The central bank’s foreign exchange reserve has exceeded $22 billion for the first time.
Bangladesh Bank’s Forex and Treasury Management chief Kazi Saidur Rahman told bdnews24.com on Thursday that the milestone had been achieved because of positive trends in remittance inflow and export earnings.
Increased foreign aid had also contributed to boosting the reserve, he said.
According to the central bank, in July expatriate Bangladeshis sent home $1.48 billion in remittances, which is the highest remittance inflow ever recorded in a month.
In 2013-14 fiscal year, Bangladesh earned $30.18 billion from exports.
Source: Bd news24
