New record in reserves: 45.10 billion dollars

Sunbd Desk || Published: 2021-05-03 15:33:13 || Updated: 2021-05-03 15:33:13

The foreign exchange reserves set a new record in the corona. For the first time, the reserves are  45.10 billion dollars. At the end of the day on Tuesday (May 4), the reserves stood at. 45.10 billion dollars. Which is more than ever before. Bangladesh Bank Deputy Governor Kazi Chaidur Rahman has assured Sunbd that this important index of the economy has crossed Rs 45 billion dollars.

Incidentally, the country’s foreign exchange reserves can be used to meet the import costs for the next 12 months. It is learned that the export income has increased with the remittances sent by the expatriates. Due to this, the amount of reserves has been about 45 billion dollars.

Bangladesh’s reserves return to 45 billion dollars. In this context, the Distinguished Fellow of the Policy Dialogue (CPD) said. Mustafizur Rahman said that capital equipment is not being imported for investment, it is affecting the reserves. It is not correct to say that the macro economy will remain stable only if the reserves increase. Instead, we need to look at how to increase investment.

On the other hand, Ahsan H Mansoor, executive director of PRI, said that he stopped going abroad because of Corona. Besides, many are not able to go to Singapore, Thailand or even India for treatment. As a result, a large amount of foreign exchange is not being spent, which is increasing the reserves.

Sunbd/NJ

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