Bangladesh’s forex reserve again crosses $33bn-mark

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Dhaka, Bangladesh – Bangladesh’s foreign exchange (forex) reserve crossed the US$33 billion-mark again on Thursday after receiving funds from development partners, officials said.
The reserve rose to $33.11 billion on the day from $32.90 billion of the previous working day, according to the central bank’s latest statistics.
Earlier on June 22 this year, the reserve reached $33.01 billion.
“The country’s forex reserve has crossed the $33 billion-mark again after receiving a $126 million fund from the World Bank and the JICA against different projects,” a senior official of the Bangladesh Bank (BB), the country’s central bank, explained.
He also said Bangladesh will be able to settle eight months’ import bills with the existing reserve.

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