Markets

Bangladesh FX reserves hit new record in January

DHAKA: Bangladesh's foreign exchange reserves rose to a record high of $13.1 billion in January from $12.75 billion in
Published February 3, 2013 Updated February 3, 2013 12:10pm

 

The south Asian country's exports in the six months to December increased 7 percent over the same period the previous year. Imports dropped 4.3 percent in the July-November period.

 

Remittances from Bangladeshis working overseas climbed 22 percent to $7.4 billion in the first half of the current fiscal year, which runs from July to June.

 

 

Copyright Reuters, 2013
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