Monday, August 17, 2015

Reserve exceeded US $ 2600 million

The country's foreign exchange reserves exceeded US $ 6 billion, or two thousand 600 million. Monday, the central bank said in a press release. According to Bangladesh Bank, the amount of deposits rose 6 percent at the end of the day today, 03 billion dollars, which is the highest in the long term.Earlier, on June 5 5 billion or two billion dollars of foreign currency reserves chariyechila milestone. On this day a year ago at 014 reserves were estimated at about two billion dollars. As the one-year gap, the foreign exchange reserves increased by nearly 18 percent.
According to international standards, a country at least three months of import payments in foreign exchange reserves is to meet. According to Bangladesh Bank, is currently in stock, it is possible to meet the cost of imports for more than seven months.
According to Bangladesh Bank, the country's food production enhances food imports declined Accusative. The fall in food prices antarja atika energy market has reduced the cost of imports. As well as the exchange of price stability against the US dollar, increased export earnings and foreign exchange reserves increased expatriate-income assistance.

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