Reserves will not decrease further this month: Bangladesh Bank

Reserves will not decrease further this month: Bangladesh Bank

Reserves will not decrease further this month: The foreign exchange reserves are decreasing every month. However, this time the central bank has given some good news about the reserves. Bank’s Executive Director and Spokesperson Majbaul Haque said that the reserves of the country will not decrease in this month of December, but may increase slightly.

He told this information to the media recently. The Bangladesh Bank spokesperson mentioned that a large amount of foreign loans and assistance will come in December as the reason for the reserve not falling.

It is known that large amounts of foreign loans and budget assistance will come in December. This month, 400 million dollars of budget-assistance from the Asian Development Bank will be added to the reserve. Apart from this, the International Monetary Fund (IMF) is scheduled to approve the loan in its board on December 12.

Reserves will not decrease further this month

Reserves will not decrease further this month Reserves will not decrease further this month

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