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Forex reserve hit record $ 27bn

Staff Correspondent |
Update: 2015-10-29 08:21:00
Forex reserve hit record $ 27bn

DHAKA: Bangladesh's foreign exchange reserves continue to scale new heights, crossing the $27 billion-mark for the first time on Thursday.

The central bank says.

Bangladesh Bank (BB) Forex Reserve and Treasury Management department general manager Kazi Saidur Rahman told banglanews that earlier on august 17, the forex reserve crossed $ 26 billion.

Former BB governor Dr Saleh Uddin Ahmed told banglanews that increase of forex reserves is a good sign for macro-economy of the country.

‘But, no positive output will be gained without proper use of the reserve.’

So, measures should be taken to boost investment of the reserve, he added.

BDST: 1821 HRS, OCT 29, 2015
RS/RR

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