BSS
  14 Dec 2023, 20:18

Forex exchange reserves up

DHAKA, Dec 14, 2023 (BSS) - Bangladesh's foreign exchange reserves rose slightly over the past week.

As per Bangladesh Bank (BB) available data, the reserves stood at US$19.16 billion as of December 13 from $19.13 billion on December 6.

The forex reserves will rise further once upcoming IMF and Asian Development Bank loans along with funds from other sources are available, said the central bank officials.

Bangladesh will receive $1.31 billion in December as loan from various sources, including $689 million in a second tranche of a $4.7 billion IMF loan, as per central bank officials.