Forex reserves hit record $22.3b    

Bangladesh’s foreign exchange reserves rose to a record high of $22.31 billion at the end of October from $21.84 billion a month ago,

The reserves now stand at $19.04bn, enough to pay off six months’ imports and second highest among SAARC countries

the central bank said on Monday, supported by exports and a rebound in remittances.

The reserves rose from $17.35 billion in October 2013 and are enough to cover almost seven months of imports.

-Reuters


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