Forex reserve crosses $32 billion mark again

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Bangla Tribune Report
Published : 18:56, Dec 29, 2018 | Updated : 18:59, Dec 29, 2018

As of Dec 27, 2018, the forex reserve stood at $32.02 billion surpassing the previous reserve of $31 billion in November this year. REUTERS/file photoThe country's foreign currency reserve has crossed a $ 32-billion mark again.
According to Bangladesh Bank, as of Dec 27, the forex reserve stood at $32.02 billion surpassing the previous reserve of $31 billion in November this year.
In November 2016, the reserve hit $32 billion.
The reserve can meet the country’s import expenditure for eight months, according to Bangladesh Bank officials.
The central bank attributed the rise in the reserve to the growth in export earnings and the remittance inflow ahead of the 11th Parliamentary Election.

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