BigstockIt is possible to meet the import payment of ten months with the current foreign currency reserveThe country’s foreign exchange reserves hit a record $40 billion amid the Covid-19 pandemic. The reserve reached $40 billion for the first time on Thursday, said Bangladesh Bank executive director Kazi Sayedur Rahman. Earlier, foreign exchange reserves exceeded $39 billion on September 01, this year. Then it increased by $7.61 billion to $40 billion on October 08. The reserves reached $37.1 billion in July while it hit the $34 billion, $35 billion, and $36 billion marks in June.

Source: Dhaka Tribune October 08, 2020 13:52 UTC