Photo: Collected
The country’s gross foreign exchange reserves have risen to US$36.12 billion. This picture emerged in the latest data published by Bangladesh Bank on Thursday.
According to the central bank’s data, the country’s foreign exchange reserves are $31.31 billion when calculated under the BPM6 method of the International Monetary Fund (IMF).
Meanwhile, remittance of US$630 million came to the country in the first six days of October this year, the amount of which in local currency is around Tk 7,749 crore. Remittance income during this period increased by 14.10 per cent compared to the same period last year.
Bangladesh Bank said remittance equivalent to Tk 1,635.90 crore came to the country last Tuesday. All in all, remittance income in the first six days of October stood at US$630 million.
A positive trend has been seen in remittance flow since the beginning of the current fiscal year. A total of $9.221 billion in remittance came to the country from 1 July to 6 October.
In the same period of the last fiscal year, $8.137 billion had come. That is, remittance income in the same period of the current fiscal year has increased by $1.084 billion or 13.30 per cent.
