Forex reserves hit $25bn

The country's foreign currency reserves have reached $25 billion today, setting a new record.

Kazi Sayedur Rahman, general manager of Forex Reserve and Treasury Management Department at Bangladesh Bank (BB), confirmed this to The Daily Star this afternoon.

The reserves first crossed the $23-billion mark on February 26 and $24 billion on April 29 this year and are currently enough to meet the country's import bills for more than six months.