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Forex reserves past $30b: BB

FE REPORT | June 22, 2023 00:00:00


The country’s foreign-currency reserves crossed $30-billion mark on Wednesday, according to the central bank data.

The forex reserves stood at $30.016 billion as on June 21, which was $29.958 billion a day ago, the Bangladesh Bank (BB) statistics showed.

Seeking anonymity, a BB official said the rise in the reverses is giving some breathing space to economy from current stresses in different macroeconomic areas.

He said the volume could go up to $31 billion within days as budgetary support amounting to some $1.0 billion is expected to come from multilateral agencies like AIIB, ADB, WB and JAICA.

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