Bangladesh's forex reserves $21 billionStaff writer ▼ | August 5, 2014
Bangladesh's foreign exchange reserves stood at over $21 billio at the end of July this year, the country's central bank said.
South Asia The 20-billion-dollar mark reached for the first time
Bangladesh's foreign exchange reserve hit $21 billion in the middle of June. The country's foreign exchange reserves on April 10 reached the 20-billion-dollar mark for the first time, reflecting the country' s strength from the economic and financial point of view.
Bangladesh, with a population of about 153 million, needs a reserve of about $10 billion to meet its import bills for three months according to an internationally accepted standard. ■