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Forex reserve sets $20b benchmark

Senior Correspondent |
Update: 2014-04-10 07:04:33
Forex reserve sets $20b benchmark

DHAKA: Foreign exchange has crossed the $20 billion mark for the first time in history, riding on buoyant remittance inflows, moderate exports and declining import payments.

Bangladesh Bank (BB) showed the data on Thursday.

In December last year, the reserves crossed $18 billion with the help of a rise in exports and inflow of remittances and decline in imports.

BDST: 1650 HRS, APR 10, 2014

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