$1.63 billion of ACU payment was settled today
The reserves hit $19.83 billion on May 8
Under the currency swap agreements introduced last month, the banking regulator took $1.17 billion from commercial banks and injected around Tk 20,000 crore in the form of local currencies into the banking system, according to several central bankers.
It hit $19.45 billion on March 27, down from $19.98 billion on March 20
Bangladesh has failed to meet IMF’s target on keeping $17.78 billion as the minimum net international reserve as of December 31 last year
The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
IMF will give $689 million, ADB $400 million and other sources $220 million
It decreased by $60 million in a week
The reserves hit $21.15 billion on Sep 26
$1.63 billion of ACU payment was settled today
The reserves hit $19.83 billion on May 8
Under the currency swap agreements introduced last month, the banking regulator took $1.17 billion from commercial banks and injected around Tk 20,000 crore in the form of local currencies into the banking system, according to several central bankers.
It hit $19.45 billion on March 27, down from $19.98 billion on March 20
Bangladesh has failed to meet IMF’s target on keeping $17.78 billion as the minimum net international reserve as of December 31 last year
The International Monetary Fund has set a new minimum foreign exchange reserves target for Bangladesh as the reserves have dropped at a faster-than-expected pace.
IMF will give $689 million, ADB $400 million and other sources $220 million
It decreased by $60 million in a week
The reserves hit $21.15 billion on Sep 26
It hit $29.97 billion on May 24