Tuesday, 19 Nov, 2024

Business

Forex reserve crosses $26-bln

Business Editor |
Update: 2015-08-17 10:53:00
Forex reserve crosses $26-bln

DHAKA: Foreign Exchange reserve in Bangladesh Bank (BB) on Monday crossed US $26-billion.

Country’s central bank said that the reserve of foreign exchange is around $26.03 billion for the positive trend of remittances and controlling unnecessary imports.

Earlier on June 25, the reserve crossed US $25-billion for the first time.

BB also said country’s economy can face any kind of internal and external shock and can meet seven months’ import expenditure.

BDST: 2050 HRS, AUG 17, 2015
SR/RR

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.