(MENAFN)
Data released by the central bank of Bangladesh on Sunday showed that the foreign exchange reserves in Bangladesh sat at a high record of more than USD36 billion at the end of June.
The Bangladesh Bank data showed that the reserves of foreign exchange came in at USD36,016.76 million in the month in comparison with USD33,408,80 million in May.
An official with the Bangladesh Bank (BB) Forex Reserve and Treasury Management Department said previously that the reserve level now is good enough to aid the resilience of the country to external odds, and to keep macroeconomic stability during the coronavirus outbreak.
The official, who wishes to remain anonymous, said that the strong foreign currency reserves increase came mostly due to the steady remittance expansion and the decline in import bills over the coronavirus outbreak that made businesses in the country sluggish in.
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