Bangladesh's May forex reserves dip to 20.57 bln USD

Bangladesh's May forex reserves dip to 20.57 bln USD

Xinhua
05 Jun 2025, 15:15 GMT+10

DHAKA, June 5 (Xinhua) -- Bangladesh's foreign exchange reserves fell by 1.46 billion U.S. dollars to 20.57 billion dollars by the end of May 2025, the latest central bank data showed.

Bangladesh's forex reserves reached 22.02 billion dollars in April 2025.

For a growing economy like Bangladesh, forex reserves equivalent to six months' import bills are considered adequate.

With the existing reserves, however, central bank officials said Bangladesh is in a position to pay nearly four months' import bills.

The central bank data showed that the country's import payment in the first 10 months of the current fiscal year 2024-25 ending this month was 54.80 billion dollars.

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