Forex reserves stand at $32.73bn | 2017-06-15 | daily-sun.com

Forex reserves stand at $32.73bn

Sun Online Desk     15th June, 2017 09:32:07 printer

Forex reserves stand at $32.73bn

Bangladesh Bank (BB) latest data has revealed that Bangladesh's foreign exchange reserves stood at US$32.73 billion on June 14. The reserves are sufficient to cover imports of about nine months.

 

At the end of May 2017, reserves were $32.24 billion. The latest figure was $.49 billion above the May 2017 level and $3.3 billion above the 14 June 2016 level.

 

Steady garment exports and remittances from Bangladeshis working abroad have helped build reserves in recent years.


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