Fri, 20 May 2022

DHAKA, Jan. 26 (Xinhua) -- Bangladesh's foreign exchange reserves reached over 46 billion U.S. dollars by the end of December 2021 despite the COVID-19 pandemic, the latest central bank data showed.

A Bangladesh Bank (BB) Forex Reserve and Treasury Management Department official told Xinhua that the current reserve level is good enough to support Bangladesh's resilience to external odds, as well as to maintain macroeconomic stability in light of the latest COVID-19 outbreak.

The official attributed to some extent the robust rise in foreign currency reserves to the steady remittance and export income growths, despite the soaring import bills after months in doldrums in the sluggish businesses due to the pandemic.

Bangladesh's foreign exchange reserves hit an all-time high of 48 billion dollars in August last year.

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