UNB, Dhaka :
Country’s foreign exchange reserve on Thursday exceeded US$ 22 billion mark, setting a new record.
The reserve stood at $ 22.05 billion compared to the last record of $ 21.04 billion on June 17 this year.
Bangladesh Bank hopes the foreign exchange reserve might cross the $25 billion mark within the next two months.
Central bank officials attribute the new record to positive impact of recently announced 6-month monetary policy, excellence in remittance inflow and increase in export as well. The decline in import was also a factor behind the rise of the foreign exchange reserve, they observed.
Bangladesh Bank General Manager AFM Asaduzzaman informed UNB that the foreign exchange reserve crossed the $ 22 billion mark at the end of last working day of the week today (Thursday).
He said the recently announced monetary policy had a major impact on the increase of the foreign exchange reserve.
Asaduzzaman said the recent positive record in remittance inflow had significantly contributed to increasing the reserve while the central bank’s steps for channeling remittance through the legal way also worked effectively.
Officials at the Bangladesh Bank said the over $22 billion reserves have been good enough for meeting a 6-month import bill, which shows a positive sign for the economy.
