Published:  02:10 AM, 04 May 2021

Foreign exchange reserve crosses $45 billion

Foreign exchange reserve crosses $45 billion

Foreign exchange reserves in Bangladesh have crossed all past records despite the prevalence of Covid 19. It has exceeded 45.10 billion dollars which is equal to 3 lakh 82 thousand 500 crore taka plus. Bangladesh Bank's Deputy Governor Kazi Saidur Rahman conveyed this information to media on Monday.

Distinguished Fellow of Center for Policy Dialogue (CPD) Dr. Mustafizur Rahman has said that capital machineries are not being imported which has played a role in augmenting foreign currencies reserves. He laid emphasis on expansion of investments for sustainable economic growth.  Policy Research Institute's

Executive Director Ahsan H Mansur said that people are not visiting abroad due to the outbreak of coronavirus pandemic. People are not also visiting India, Singapore or Thailand for medical treatment. These things have caused foreign currencies reserves to mount, Ahsan H Mansur further said.Financial experts have said that remittances from overseas have been coming into Bangladesh in legal ways for last one year. This is one special reason behind the rise in foreign currencies reserves.

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