Bangladesh bank logo. COURTESY
The country’s foreign exchange reserves touched a new record of over US$46 billion thanks to the upward trend of remittance. An official of the central bank today confirmed that the country's forex reserves reached US$46.08 billion on Tuesday.
With the inflow of remittance remained intact even during the fresh spike of coronavirus infections, the central bank continued to mop-up excess supply of dollars from the local market enabling the Bangladesh Bank (BB) to build-up reserves, the official mentioned.
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