Forex reserves surpass $32b

Bangladesh's foreign exchange reserves have surpassed $32 billion in the backdrop of a surge in the remittance inflow, and buying dollar by the Bangladesh Bank in auctions. According to the central bank, on Wednesday, October 22, the foreign exchange reserves stand at $32.11 billion, while the figure is $27.35 billion as per International Monetary Fund’s accounting standards BPM-6. Bangladesh Bank’s Executive Director...