Bangladesh’s foreign exchange reserves reached 31.14 billion U.S. dollars by the end of March, the lowest since December 2016, showed the latest central bank data.
Bangladesh Bank (BB) data showed the country’s foreign exchange reserves stood at 31,142.72 million dollars in March from 32,333.71 million dollars in February.
This is the lowest level of forex reserves Bangladesh has held since December 2016 when the country’s foreign exchange reserves crossed the 32 billion dollars mark for the first time, an official of the bank’s Forex Reserve and Treasury Management Department said on condition of anonymity Sunday.—APP
