Friday, 13 Dec, 2024

Business

Forex crosses $18bln

Senior Correspondent |
Update: 2013-12-19 07:50:43
Forex crosses $18bln

DHAKA: Foreign Exchange reserve in Bangladesh Bank (BB) on Thursday crossed $18 billion.

Confirming the matter, assistant spokesperson of country’s central bank AFM Asaduzzaman told banglanews24.com that for the positive trend of remittances and controlling unnecessary imports the reserve of forex is more than $18.05 billion.

BB officials’ said that the amount of reserve will help meet up the country’s expenditure for next six months. It will also help face any greater risk to the economy.

Reserve was only $7 billion when the incumbent government took the power in 2009.

BDST: 1827 HRS, DEC 19, 2013
Edited By: Shameem Reza, Newsroom Editor/ Robab Rosan, Current Affairs Editor

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.