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Forex reserves at record high in Oct

November 02, 2009 00:00:00


Bangladesh's foreign exchange reserves rose to a record high of $9.54 billion at the end of October from $9.36 billion in September, the central bank said Sunday, following a steady rise since February. The increase was attributed mostly to strong inflows of remittances from more than 6.0 million Bangladeshis working overseas. — Reuters

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