| 03 Oct 2013 Thursday BdST |
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Forex reserves reach $16.15 bln in Sep
News Desk
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DHAKA: Foreign exchange reserves reached $16.15 billion at the end of September this year, said a source in the central bank.
A Bangladesh Bank official, wishing anonymity, said that foreign exchange reserves stood at $16,154 billion at the end of the last month after reaching $16,250 billion at the end of August.
Foreign exchange reserves hit a record high of over $16 billion in August, reflecting the country`s strength from the economical and financial point of view.
Earlier, in the first week of April, the reserves touched the $15-billion-mark for the first time.
The South Asian nation, with a population of about 153 million, needs a reserve of about $10 billion to meet its import bills for three months as per an internationally accepted standard.
A Bangladesh Bank official, wishing anonymity, said that foreign exchange reserves stood at $16,154 billion at the end of the last month after reaching $16,250 billion at the end of August.
Foreign exchange reserves hit a record high of over $16 billion in August, reflecting the country`s strength from the economical and financial point of view.
Earlier, in the first week of April, the reserves touched the $15-billion-mark for the first time.
The South Asian nation, with a population of about 153 million, needs a reserve of about $10 billion to meet its import bills for three months as per an internationally accepted standard.
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