Bangladesh's foreign exchange reserve has made a new record of US$19.048 billion due to the rising trend of remittance inflows and export earnings, reports BSS.
Bangladesh Bank Governor Dr Atiur Raman made the disclosure while speaking at a programme in the capital.
"The forex reserve has crossed US$19bn mark today," he said.
BB said the forex reserve is on the rise due mainly to positive remittance inflow, a 16.56 percent rise in export earnings, stable exchange rates and increased foreign currency inflow because loans taken in foreign currencies by private sectors.
Besides that, bumper rice production and stable prices of fuel oil and other importable products in the international market have also helped create a rise in the forex reserve, said the central bank.
According to a BB official, the government is now in a position to pay import bills for over six months with the reserve.
The country's foreign currency reserve was US$18bn on December 19, 2013. The reserve has increased by US$1.0bn in the last three months.
According to the central bank, the forex reserve stood at US$10bn on December 10, 2009 and it crossed the US$15bn mark on May 7, 2013 and the US$17bn mark on October 22, 2013.