Bangladesh foreign exchange reserves fall in January

By Kitco News / February 04, 2018 / www.kitco.com / Article Link

DHAKA, Feb 4 (Reuters) - Bangladesh's foreign exchange reserves fell to $32.69 billion as at the end of January from $33.23 billion the previous month, but were up nearly 3 percent from a year earlier, the central bank said on Sunday.

The monthly decline was fuelled by a rise in imports, a senior central bank official said, adding the reserves were sufficient to cover about 10 months' worth of imports for the country of 160 million people.


(Reporting by Ruma Paul)

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