DHAKA: Bangladesh's foreign exchange reserves fell to $32.69 billion as at the end of January from $33.23 billion the previous month, but were up nearly 3 percent from a year earlier, the central bank said on Sunday.
The monthly decline was fuelled by a rise in imports, a senior central bank official said, adding the reserves were sufficient to cover about 10 months´ worth of imports for the country of 160 million people.Steady garment exports and remittances from Bangladeshis working overseas, the key drivers of the country´s more than $250 billion economy, have helped foreign exchange reserves grow steadily in recent years.?
02-05-2018, 11:20 PM
BD foreign exchange reserves fall
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