DHAKA: The foreign exchange reserves of Bangladesh hit a record $31.90 billion at the end of October, around $4.32 billion higher than in the same period in 2015.

Country’s central bank Bangladesh Bank (BB) authorities disclosed the matter on Tuesday (November 1).

The reserve is sufficient to cover about nine months’ imports, they added.

According to them, steady exports in readymade garment (RMG) sector and remittances from Bangladeshis working abroad are the key factors of the country’s forex reserve boost.

BDST: 1429 HRS, NOV 01, 2016
SR/RR