The country's foreign exchange reserves on Wednesday hit a new record of $43.17 billion thanks to the upward trend of remittance and lower import payments, Bangladesh Bank data showed.
The reserves, one of the major macroeconomic indicators of an economy, touched the $41 billion mark on October 28 and rose to
$42 billion on December 15.
In December last year, the reserves stood at $32.68 billion.
Between July and November, remittance earnings rose to $10.90 billion, up 41.32 percent year-on-year.
At the same time, imports decreased by 8.84 percent to $20.24 billion, and exports grew by 0.86 percent to $15.52 billion. Agencies
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
[ABOUT US]
[CONTACT US]
[AD RATE] Developed & Maintenance by i2soft