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Bangladeshs Foreign Exchange Reserves Rise on Strong Remittance Inflows Bangladesh’s Foreign Exchange Reserves Rise on Strong Remittance Inflows

Bangladesh’s Foreign Exchange Reserves Rise on Strong Remittance Inflows

Bangladesh’s foreign exchange reserves have resumed an upward trend, supported largely by a strong increase in remittance inflows from citizens working abroad. According to the latest figures released by Bangladesh Bank, the country’s gross foreign exchange reserves have risen to US$36,469.94 million, equivalent to approximately US$36.47 billion. Reserves calculated under the International Monetary Fund’s Balance […]
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