Reliable Brokers
Online Investing
Alerts & Analysis
Easy Trading

Forex reserve hits new record of $34bn

The previous highest reserve was $33.68 billion recorded in September 2017

Update : 04 Jun 2020, 09:58 AM

The country’s foreign exchange reserve has hit a new height setting a record of over $34 billion amid coronavirus pandemic.

The aid of developing partners and remittance added to raise the foreign exchange reserve to $34.23 billion on June 3, a high-level official of Bangladesh Bank said on Thursday.

Earlier, the previous highest reserves recorded on September 5, 2017, was $33.68 billion.

In the 11 months of the current fiscal year, inbound remittance registered at 8.72% growth to $16.36 billion, thanks to the 2% incentive scheme of the government.

Top Brokers