BD forex reserve exceeds $22b

Country’s foreign exchange reserve on Thursday exceeded US$ 22 billion mark, setting a new record. The reserve stood at $ 22.05 billion compared to the last record of $ 21.04 billion on June 17 this year. Bangladesh Bank hopes the foreign exchange reserve might cross the $25 billion mark within the next two months. Central bank officials attribute the new record to positive impact of recently announced 6-month monetary policy, excellence in remittance inflow and increase in export as well. The decline in import was also a factor behind the rise of the foreign exchange reserve, they observed, according to a news agency.